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Having spent more than three years and trillions of dollars in a losing battle against deflation, the Bank of Japan is hoping that a little financial education will convince a nation of inveterate savers to put their cash to better use.

More than half of Japan’s ¥1,746 trillion ($15.2 trillion) in financial assets are held in cash or deposits, compared with 15 percent for the United States, and even in elementary school, nearly two-thirds of children save their pocket money rather than spend it, according to a survey.

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