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Japan should pay people to end deflationary funk

Thursday, November 20, 2014 - 05:50

IN April 2013, Bank of Japan (BOJ) governor Haruhiko Kuroda first vowed that his team would "do whatever it can" to end deflation. Many were quick to equate the pledge with Mario Draghi's "whatever it takes" promise at the European Central Bank. On Oct 31 this year, Mr Kuroda backed up his words