business

Kuroda warns of risks from falling regional banks' profits

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By Leika Kihara

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Profits are low because someone has been keeping interest rates at zero for years. Who could that be? Oh yes, Mr Kuroda, who now warns of risk that he has created.

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What do you think of this idea:

If the BOJ wants inflation and there is the nationwide problem of too much overtime, why don't they force companies to pay properly for overtime work. Employees would have more money and the companies would have to raise prices to compensate for the extra salary expenditures. There's your virtuous inflation cycle. Any comments are welcome.

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Mr Q: The law already says that all overtime must be paid for, it just isn't enforced.

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Hi Scrote: Yeah, but imagine if it was enforced. What do you think about it helping the concept of the virtuous inflation cycle?

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