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Bernanke's speech shows where BOJ failed

Werner, R.A. (2009) Bernanke's speech shows where BOJ failed Daily Yomiuri

Record type: Article


Bernanke differentiated his quantitative monetary policy from that of the Bank of Japan. His policy is more in line with the original definition of 'Quantitative Easing' by Richard Werner, namely increased credit creation. Hence the US economy is likey to recover far sooner, while growth is likely to lag in countries such as Japan, the UK or Spain and Ireland.

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Published date: 29 September 2009
Organisations: Centre for Digital, Interactive & Data Driven Marketing


Local EPrints ID: 344802
ISSN: 0890-8710
PURE UUID: 6ce69440-25e9-4453-b069-6f6e92f34dd4

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Date deposited: 05 Nov 2012 11:12
Last modified: 18 Jul 2017 05:14

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