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© Thomson Reuters 2020.Pandemic reduces BOJ's options in backstopping frail economy
By Leika Kihara TOKYO©2024 GPlusMedia Inc.
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© Thomson Reuters 2020.
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kurisupisu
The average Japanese don’t really care about interest rates when they don’t have any money to spend.
And what are interest rates in Japan now, -.01% right?
Goodlucktoyou
How will giving tax money for salaries and bonuses of top CEOs help the Japanese economy.
how will preventing ordinary Japanese from spending their hard earned cash help the economy?
dagon
If there is one thing the pandemic has shown us, it is that the financiers and "job creators" and all the quantitative easing(UBI for bankers) and breaks they get from the government are not what keep the economy going. It is those front line workers without which everything falls apart.
fxgai
The average Japanese don't want to go out and spend money in the midst of this pandemic, and they also have an interest-bearing mortgage to pay off - or they are paying rent to someone who does, in my estimation .
Xeno Man
Tadashi Yanai criticises inadequate testing for the Covid-19 and warns economy risks collapse if Shinzo Abe does not expand national emergency. If Bank of Japan is running out of ammos, Yanai's prediction of the collapse of Japanese economy will become a reality at the current speed of Abe administration's ignorance over the pandemic.
TARA TAN KITAOKA
The only way for make in japan is to expand export in the time of corona virus and keep japanese makers alive
by downing the yen. There is no other way.