Japan, the world's second largest economy is facing a sharp downturn. To try and stimulate its economy, Japan is using the financial tools used by the US and UK. The Bank of Japan( BoJ) said that it is increasing its purchases of JGB's (Japanese Government Bonds) from y 1,400 billion to y 1,800 billion per month. A central bank buying its bonds has the effect of creating new money that will flow into the economy. Japan is careful to say that this is not "quantitive easing" or just printing money, but in reality it will have the same effect.
BankOfJapan posts
FeedBank of Japan is buying Japanese government bonds
Continue reading Bank of Japan is buying Japanese government bonds
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
