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How Japan proved printing money can be a great idea
Published Tue, May 16, 2017 · 09:50 PM
Tokyo
"EVERYBODY knows" that you can't get rich from just printing money, except for the part where sometimes you can.
Take Japan. Its unemployment rate has fallen to a 22-year low of 2.8 per cent due in large part to all the yen it has created the past four years. Money might not grow on trees, but it can get spit out of a central bank's computer.
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