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BOJ newcomer no pushover for more Japanese easing

3 Comments
By Leika Kihara

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At least Mr Harada's focus would appear to be growth rather than inflation for the sake of inflation, but alas central banks can only do so much to stimulate growth too.

It's the government that needs to take it's foot off the economic brake, and say "begone!" to the myriad of ridiculous rules that stand in the way of Japan boosting it's status as a business venue.

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Afraid that when this artificial Abenomics & BOJ induced boom end, Japan and most Japanese will become poor quickly. As the government debts prices crashed from extreme highs as yields climb, while Japanese capital will leave the domestic market and savings are depleted and pensions exhausted. Japan best sustainable state is very mild deflation. Japan should not follow the policy recommendation of the US. Japan and USA have very different demographics and culture.

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“deflationary mindset” who even thought up this rubbish, people dont hold off spending because prices may be cheaper tomorrow, people dont spend because there wages are stagnant and over the last 20yrs have actually fallen. people will spend if they get more wages/bonuses from there employers that cover and exceed what the new inflation rate may be.

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