Categories
Uncategorized

Japan: Negative Interest Rate Policy Is a Bust

WSJ: Pushing a String

In Japan years of trying to spur consumers to spend rather than save through negative interest rate policy has turned out to be completely ineffective.  The Japanese apparently love to save rather than spend.  Anybody got any other good ideas?

 

https://www.wsj.com/articles/the-worlds-most-radical-experiment-in-monetary-policy-isnt-working-1488135495

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.