Japan’s Massive Money Experiment Is Over. Now What?
On March 19, Japan’s central bank ended its latest economic experiment. The BOJ scrapped the world’s last negative interest rate policy, with the first rate hike since 2007. The move ends the most aggressive monetary stimulus program in modern history, signaling confidence that the country is finally leaving behind years of deflation and economic stagnation. How will this massive shift disrupt everyday lives across the country and beyond?
00:00 – Introduction
01:14 – The Japanese economic miracle
02:37 – Bubble burst
03:18 – Decades of deflation
04:23 – Era of QQE
05:40 – Inflation comeback
06:52 – BOJ ends negative rates
Credit to : Bloomberg Originals