Thursday, June 4, 2009

Quantitative Easing and Inflation in Japan

Apropos of a recent post ("Are Inflation Fears Overdone"), a lucid article by Owen F. Humpage and Michael Shenk of the Cleveland Fed last December on Japan's quantitative easing policy (straight forwardly titled, "Japan’s Quantitative Easing Policy") included the chart above, drawn from IMF data.

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