Another Lesson from Japan | by Stephen S. Roach - Project SyndicateThough Japan’s experience since the early 1990s provides many lessons, policymakers in the rest of the world have failed miserably in heeding them. Time and again, major central banks – especially the Federal Reserve, the European Central Bank, and the Bank of England – have been quick to follow the Bank of Japan's disastrous lead. NEW HAVEN – Yet another in a long string of negative inflation sur
