I believe that those who have a little foundation in economics are familiar with the so-called "Japan's lost 20 years".
After the bursting of Japan's bubble economy in the early 1990s, the economy fell into secular stagnation and entered the so-called "Lost Decades." During this period, economic growth was slow, and the willingness of companies and individuals to invest was sluggish, which led to continued deflation. In response to the economic downturn, the Bank of Japan began to implement a low interest rate policy in the late 1990s, reducing the benchmark interest rate to near zero, hoping to stimulate...
I believe that those who have a little foundation in economics are familiar with the so-called "Japan's lost 20 years".
After the bursting of Japan's bubble economy in the early 1990s, the economy fell into secular stagnation and entered the so-called "Lost Decades." During this period, economic growth was slow, and the willingness of companies and individuals to invest was sluggish, which led to continued deflation. In response to the economic downturn, the Bank of Japan began to implement a low interest rate policy in the late 1990s, reducing the benchmark interest rate to near zero, hoping to stimulate...
