| http://www.w3.org/ns/prov#value | - Others, such as chief economist Richard Jerram at Macquarie Securities in Tokyo, worry that the high real interest rates implied by deflation are strangling Japan, while former Bank of Japan official Masaaki Kanno, now chief economist at JP Morgan in Tokyo, fears that low nominal rates are driving government over-borrowing, which could spur a fiscal crisis.
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