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July 21, 2013

Abe's Accelerator

Over the weekend, the party of Japanese Prime Minister, Shinzo Abe, won control of both houses of parliament. This victory will give Abe greater leeway in implementing his economic policies, a cornerstone of which is the debasement of the yen in order to induce inflation and, at least nominally, stimulate production within the Japanese economy. The first round of Abenomics saw ...

 

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