Colin Lloyd | aier.org
The original experiment in quantitative easing (QE) began in Japan on the 20th of March 2001, although the Bank of Japan (BoJ) had already been wrestling with the wisdom of embracing QE for several years. By the time of the great financial crisis in 2008/09, the Japanese experiment had attracted several additional adherents.
Read More: QE Goes Global
Cartoon by Bob Moran