Liberal Democratic Party (LDP) leader and next Prime Minister Shinzo Abe speaks to the media after his meeting with Bank of Japan Governor Masaaki Shirakawa on Tuesday. Abe said that he has asked Shirakawa to consider establishing a 2% inflation goal.
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14 Comments
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Hiroicci
What is it? More bond issuing, construction, government projects, and less independence for the central bank???
Welcome back to 1975.
some14some
Abe-comics !
sengoku38
It is nice to see any money I've saved quickly become worthless so the Toyota, Nissan, Honda zaibatsu can live it up!
Ewan Huzarmy
Look at the guy next to Abe, looks like he's having an Abe-gasm !
nath
AbeNormal
tkoind2
Utterly hopeless
edojin
Hold on to what little yen you have left. Abe and his cronies are out to get as much of it as they can ...
Zenpun
Abe-nomics will be worse than Reganomics. Abe has been kicked off from office in 2007. It will repeat again.
CVHuan
Zenpun, that is a result of Japan's democratic choice, unlike China. We must go along with it and embrace it. This is the people's verdict in the election. Abe-nomics here we come!
JanesBlonde
Any meaningful sell-off in the JGBs could trigger a serious problem in Japan’s banking system. The holdings of JGBs by Japanese banks account for 900pc of their Tier I capital
HollisBrown
This Abe reign is going to end in tears. They're just going to do things for the sake of doing them.
nath
I can do that too, spend more.
Piotr Gierszewski
I just hope the new government won't drown in ritualism and will make some actual changes.
presto345
The verdict of 59.32% of the electorate.