Cryptocurrency Q&A Why is Japan in deflation?

Why is Japan in deflation?

HallyuHero HallyuHero Tue Nov 19 2024 | 7 answers 1337
Japan has been experiencing deflation for some time now, with prices continuously dropping. I'm curious to understand the reasons behind this economic phenomenon and what factors are contributing to it. Why is Japan in deflation?

7 answers

lucas_emma_entrepreneur lucas_emma_entrepreneur Thu Nov 21 2024
In 1999, inflation rates turned negative, reflecting the ongoing deflationary pressure.

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WhisperInfinity WhisperInfinity Thu Nov 21 2024
Many banks suffered significant losses due to the collapse of these bubbles.

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DigitalDragon DigitalDragon Thu Nov 21 2024
These losses weakened the banks' lending capabilities.

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CryptoMercenary CryptoMercenary Thu Nov 21 2024
Japan experienced deflation following the bursting of its property and stock market bubbles in the early 1990s.

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Elena Elena Thu Nov 21 2024
As a result, the Flow of credit in the economy slowed down.

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