Abe's adviser defends monetary independence

Politics Feb. 16, 2013 - 03:30PM JST ( 9 )

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9 Comments

1

BertieWoosterFeb. 16, 2013 - 04:10PM JST

Money should have some kind of standard of value.

Gold was by no means perfect, but while there was a gold standard, money values were much more stable.
2

Michael P MonahanFeb. 16, 2013 - 06:40PM JST

Fiat currency is for pirate central bankers to capitalize their profits
4

WhatsnextFeb. 16, 2013 - 06:59PM JST

I like how they throw around this term abenomics like it actually means anything or that it is something new.
3

missbattenFeb. 16, 2013 - 10:40PM JST

"international monetary independence" wot dat???????
2

frank07Feb. 17, 2013 - 12:11AM JST

financial independence? I thought there's an international market unless we are still in the edo era
1

Open MindedFeb. 17, 2013 - 12:44AM JST

A bit of flexibility is necessary to manage internal short term economy, but claiming full monetary independence is meaningless on a global market. And Japan relies a lot on exportations.

The boomerang hits might be very painful!
1

Open MindedFeb. 17, 2013 - 12:57AM JST

G20 has just condemned competitive monetary easing policy. This applies to USA and Japan among others. Let's see if it will be followed.
2

wtfjapanFeb. 17, 2013 - 04:59AM JST

G20 has just condemned competitive monetary easing policy,!? OK USA, Euro, China and now Japan, wait a minute thats the majority of the worlds economy. until the first three stop there printing presses then Abe has every right to tell them to go jump!
0

globalwatcherFeb. 17, 2013 - 01:23PM JST

The LDP is hopelessly lieing again. They think the world is stupid The LDP will appoint a puppet for BOJ chief. So no independence anyway. This will backfire Abenomics a big time. Good luck, Abe, Mr. Fool.