NO.185 Could the BoJ's quantitative easing really be causing the Great Depression? ・・・However, intermediate considerations.
The BOJ's quantitative easing policy causes a great depression without a deflationary spiral.
No matter how much the Bank of Japan eases quantitatively, regular employment will not increase. That is the answer.
I will define the Great Depression.
The Great Depression in 2019 is not necessarily a deflationary spiral.
Is the deflationary spiral a vicious process of falling prices and a recession? Here we consider why prices fall. Is it because the amount of Banknotes supplied to society is decreasing? If that is the case, it means that the bank is collecting loans and returning them to the Bank of Japan? .