Japans lost decade

Originally began in the 1990s following the collapse of a stock market and property bubble. Inflation is virtually non-existent in Japan and there has been deflation over the years. This has deterred borrowing and spending as people think if they wait to spend they can get goods cheaper, borrowing also becomes more expensive if deflation is occurring. The Bank of Japan has been easing credit until inflation reaches 1%. The BOJ intends to inject some money into the economy through consumer spending and some through the stock market. It is also believed that if inflation occurs that the value of the Yen would fall; making Japanese exports more sought after (since they are cheaper). [...]