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Essay Details:
Essay text:
The article explores on how the Japanese economy will benefit from inflation in terms of the increase in the domestic demand, the increase in the existing intact interest rates of the BoJ and the encouraging signs of the freely available credit situation in Japan. It also discusses the companies regaining their pricing policies and an increase in the wages of the employees. The article points out that the rising prices in Japan may be primarily due to the increase of the food and energy prices instead of the rising consumer demand which might result in an economic slowdown.
The companies will regain the pricing power and workers might pocket in that extra yen...
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