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Containing inflation has been the obsession of governments around the world for at least the last two years.

But all this time there has been one exception: Japan.

While central banks around the world raised their interest rates to curb rising inflation and its impact on people's purchasing power and living conditions, the Bank of Japan kept them negative in search of achieving just the opposite: that prices would rise.

For that reason, Japan has been the only country in a world hit by inflation with negative interest rates; that is, below zero.

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