If they step back now it will look like a panic move, and will just make things worse. The US needs to move first.
Isnt Japan having problems because of how much the USA is printing their own money and treasuries?
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Japan just raised interest rates after over 30 years of rates near zero. It was a dramatic (crazy?) move in the face of recessionary signs.
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I see. Japans economy has been struggling for a while now. People arent interested in spending more than they need. Japan is a pretty thrifty society.
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