[quote=The-Shoveler]In short Japan did everything they could not to have inflation.[/quote]
Exactly. This is what made the deflationary period last so long, IMHO. If they had let it happen swiftly, all those Japanese savers would be in a better position today, IMO.
They also had deflation because of the enormous debt they carried. Debt is inflationary when it’s being incurred, but it’s deflationary in the future as the carrying costs eat away at the purchasing power of workers in the future.
