This week, the Bank of Japan ordered another round of stimulus in order to bolster its economy. It turns out, the country is stuck in a liquidity trap. As Bloomberg’s Noah Smith writes, “Businesses and consumers have come to expect this regular flow of government spending -- having experienced it nonstop for over two decades, they’ve already accounted for it in their investment and consumption plans.” Bloomberg has a chart of the nation’s stimulus actions dating back to 1992. It’s stunning.Basically, this latest round isn’t going to do anything. It just is more of the same. It might not end...