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Populism thrives under deflationary conditions, as in Japan and Germany in 1928-33, but populism in power often brings high inflation
Margaret Thatcher
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If Mr. Abe offered citizens a say in their own governance, it would be the first time since Japan’s mythical first emperor came ashore in 660 B.C.
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If Abenomics proves to be a successful electoral strategy, conservative politicians elsewhere are likely to take note and follow suit