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Re: Monetary policy in Japan - Deep hibernation

My comment to the article published on Economist.com (see the link below)

http://www.economist.com/node/16271499/comments#comment-563496

It is probably fair to say that smaller Japanese companies are starved of capital and additional lending by banks would be beneficial. However, I seriously doubt that lack of liquidity is at the root of the problem. Rather, I would say it is the overregulated and highly concentrated markets within most industries, and onerous risk disclosure rules for banks that are to blame.

P.S. Curious photograph for the article: it seems that the semitransparent tape that binds the bills has a Korean inscription on it.

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