Abe's adviser defends monetary independence

Money should have some kind of standard of value.

Gold was by no means perfect, but while there was a gold standard, money values were much more stable.

Fiat currency is for pirate central bankers to capitalize their profits

I like how they throw around this term abenomics like it actually means anything or that it is something new.

"international monetary independence" wot dat???????

financial independence? I thought there's an international market unless we are still in the edo era

A bit of flexibility is necessary to manage internal short term economy, but claiming full monetary independence is meaningless on a global market. And Japan relies a lot on exportations.

The boomerang hits might be very painful!

G20 has just condemned competitive monetary easing policy. This applies to USA and Japan among others. Let's see if it will be followed.

G20 has just condemned competitive monetary easing policy,!? OK USA, Euro, China and now Japan, wait a minute thats the majority of the worlds economy. until the first three stop there printing presses then Abe has every right to tell them to go jump!

The LDP is hopelessly lieing again. They think the world is stupid The LDP will appoint a puppet for BOJ chief. So no independence anyway. This will backfire Abenomics a big time. Good luck, Abe, Mr. Fool.