The Bank of Japan attempted yield curve control to keep bond yields suppressed; however, this policy was likely nonproductive rather than causative—that is, there was no underlying inflation impulse, so yields would have remained low anyway; the BoJ's policy merely reflected (not created) the deflationary Japanese macro environment.

causalpending

Speaker

Hugh Henry

Evidence Quote

You never got the counterfactual. Maybe rates would have been the same... I'm more in that camp.

Source

Once In A Lifetime Opportunities in Precious Metals, Japan, And AI w/Hugh HendryRebel Capitalist Interviews
Created: 8/13/2026, 9:56:54 AM

My Notes

Loading notes...