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Why Low Interest Rates Cripple Capital Investment

Why Low Interest Rates Cripple Capital Investment

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Asia Sentinel
Aug 25, 2016
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Why Low Interest Rates Cripple Capital Investment
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In January, the Bank of Japan, trying to keep Shinzo Abe’s economy from slipping back into recession, followed the European Central Bank into negative territory by cutting interest rates below zero for the first time in Japan’s history. In doing so, the BOJ joined the central banks of Denmark, Sweden and Switzerland.

Supposedly, according to the common w…

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