In response to:

Print Those Yen

RJBJr Wrote: Mar 01, 2013 7:21 AM
Japan has another problem. All their manufacturers adopted the Toyota Production System in the 1980s. This system made it difficult, and virtually impossible in their culture, to increase productivity at the rate needed to compete in the world marketplace. Unfortunately, most manufacturers copied the system. As a result, we are now following Japan down the financial rathole.
Joseph64 Wrote: Mar 01, 2013 6:43 PM
Japan is also saddled with an outdated system of mercantilism that adds multiple layers of middle men between manufacturers and the consumer. Everything sold in Japan passes through several distributors and sub-distributors who each add a bit more to the bill until it finally lands in the hands of the consumer at a much inflated price. The government can't do anything about it, though, without saddling themselves with massive unemployment and massive loss in tax revenue when all those unnecessary middlemen lose their jobs and paying taxes and start collecting government benefits.

The Japanese have discovered, or so they think, the secret to ending economic deflation — a condition that is now entering its third decade in Japan. 

Their so-called solution is to simply flood the market with newly printed money. 

According to Keynesian theory, the reason that Japanese consumers (and any other worldwide shoppers for that matter) are not spending is because of a lack of money and/or credit (the real definition of deflation.) 

So, the obvious reason (secret) is to do what the U.S. is currently doing, namely quantitative easing.  Of course, they give it a catchy...