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BOJ board member calls for more stimulus if economy sinks

4 Comments
By Leika Kihara

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That's all the BOJ EVER does. Print money. No more no less.

4 ( +4 / -0 )

Harada, a vocal advocate of aggressive monetary easing, said Japan's economy was facing growing risks, including ... weak private consumption.

And his solution to this is to... raise consumer prices even more?

6 ( +6 / -0 )

Harada, a vocal advocate of aggressive monetary easing, said Japan's economy was facing growing risks, including from slowing demand in China, simmering trade tensions, volatile stock price moves and weak private consumption.

I wonder who caused all these problems?

4 ( +4 / -0 )

The only (long term) solution is immediate austerity measures (across the board) to help fund / repay some of the massive debt mountain (JGB in issuance) with a goal of reducing the eye watering and unsustainable 'debt servicing costs'.

This is the complete opposite to what the inept BOJ officials have been doing (who want to keep printing money - i.e. increasing the the debt mountain).

1 ( +1 / -0 )

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