₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ on Nostr: For over a decade, the goal of the Bank of Japan was to raise the official #inflation ...
For over a decade, the goal of the Bank of Japan was to raise the official #inflation rate to 2%. It's now 3.4% and headed much higher. The Japanese were far better off and the government had a lot less debt when inflation was below 2%. The BOJ should have left well enough alone.
Published at
2025-01-14 12:38:20Event JSON
{
"id": "88d52402d2fab28b36274518121c60dfba83a5e10b792ce35aa11957687f657c",
"pubkey": "9322bd922f20c6fcd9e913454727b3bbc2d096be4811971055a826dda3d4cb0b",
"created_at": 1736858300,
"kind": 1,
"tags": [
[
"t",
"inflation"
]
],
"content": "For over a decade, the goal of the Bank of Japan was to raise the official #inflation rate to 2%. It's now 3.4% and headed much higher. The Japanese were far better off and the government had a lot less debt when inflation was below 2%. The BOJ should have left well enough alone.",
"sig": "e8ab795652789a5dba7c4d9ac22a851118b4c2139ed69078fde295670ac8abf281b27eaf031814f377c4b865fd88973402be101ab8a4e9c50d6f7ed24ca410b1"
}