BOJ opts for modest stimulus expansion

Let local investors evaluate.

Ain't gonna make much difference. The big fiscal package is the operative factor.

40% of workers here are contract and part time .Abe never addresses this problem does he?? Of course these people don't spend, they might not have a job tomorrow. If they get any cash the sensible thing to do is just save it. And wages are just so low here. My local supermarket is advertising for full time staff with the wage offered 754 yen an hour! No wonder things are so hopeless here now!

JeffLee

Ain't gonna make much difference. The big fiscal package is the operative factor.

Yeah course it is Jeff, you're right again.....and just like the one before that....and the one before that....and the one before that....and the one before that....and the one before that....and the one before that....and the one before that....and the one before that....and the one before that

And we're all the way back to Hosokawa, circa 1993, and the first stimulus package which was the operative factor to making a difference.

Give it up... none of the public works spending has or will make a difference in the long run of things.

The BoJ has apparently finally come to understand that they've reached the limits of what QE and negative interest rates can accomplish, and are engaging in face-saving window dressing. This action will have no impact on inflation, and simply throws more good money after bad, deepening the hole that citizens will eventually have to fill with gold. And the idea that that this recent spate of trouble somehow stems from Brexit is ridiculous - The BoJ and MoF have had 25 years to fix the broken Japanese economy, and have failed epically.

Brexit, just a convenient timely excuse for the japanese leaders' total and utter incompetence. Good job for them that the populace is so docile and obedient.

And most fascinatingly...

*KURODA ORDERS ASSESSMENT OF POLICY EFFECTIVENESS NEXT MEETING

Anybody earning Yen & trying to pay off their student loan in the home country had better sign up for an extended stay in Japan, simply you are knackered for the next two years and further knackered when Britain triggers article 50, not to mention Trump if he gets the job ? we are looking at funny money when the consumption tax kicks in .

Tokyo real estate is only going up 10-15% a year. The BoJ needs to force that up to 20-25% to get the economy moving.

Tokyo real estate is only going

You pay 5% on any rental income below 1.9mil plus 20% to maintain a corporate presence of showing 5Mil banked annually plus submitting domestic tax .

Tokyo real estate is for people who deal in the 110 option of tax avoidance by buying up distressed loans.

@Gary Raynor

"none of the public works spending has or will make a difference"

Compared to countries that took the cautious austerity path, giving them such wonderful benefits in western Europe of youth unemployment of over 50%, negative GDP and a massive outflux of working age people? How about shrinking -- shrinking! -- GDP in big economies like Russia and Brazil?

Yeah, Japan needs to get on board with all that. LOL. For all its faults, Japan is not even close to that, although that's what you're ideas would produce. Spain, Portugal and others have since learned their lessons the very hard way, and have finally tossed out the idea of "fiscal responsibility.' And guess what? Their public-spending economies are recovering, finally.

JeffLee

@Gary Raynor~ Gary Raynor @JeffLee

Both of you should give it a rest . If you are not gaining an interest in actual return on repatriating profitable funds to japan with a gain in your own interest. both of you should shut up or lay out your stall of argument/.

If you are not gaining an interest in actual return on repatriating profitable funds to japan with a gain in your own interest. both of you should shut up or lay out your stall of argument/. totally agree, seems many on JT only goal is to see how much they can drain from Japan to enrich themselves, all for me, myself and I. Then they complain when Abe sets policy that runs counter to that. LOL

if your not putting in at least as much into the J economy as your taking out or intend to take out in the future your just adding to Japans problems, not helping it.