A decade ago, I was working as a reporter in Tokyo when I was asked to investigate the impact of Japanese-style quantitative easing. Back then, the Bank of Japan was pouring gazillions of yen into the money markets and politicians were angrily exhorting the Japanese banks to lend.
10年前，我是一名驻东京的记者，受命调查日式定量宽松政策的影响。当时，日本央行(Bank of Japan)正向货币市场注入数目无法估量的日元，政界人士则在逼迫日本各银行放贷。
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