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They can pay for that in a year with a tax on tentacle porn.
Keep in mind Japan’s economy has had the opposite problem as the West since the mid-late 2000s. Very, very low economic activity coupled with low, even negative interest rates at some points. Now they have the problem of even lower economic activity with comparatively low inflation (3%). They can handle a stimulus.
fighting fire with fire? sounds great.
Japan announces a $490 B currency devaluation package to try to dig out of it’s debt mountain*
Fixed that for you
This is a joke. Japan has the opposite problem — stagflation. They’ve been printing money to try to stimulate their economy for a long time now. The problem is no one is spending it. Inflation isn’t even at 3% over there. This is a joke and this comment section is uninformed af haha
I used to ask “how is it possible that the people who are supposed to be qualified to make these decisions have no idea how dumb that is” but now I just understand that it’s on purpose
Well, we just passed the inflation reduction act and look at how well we are doing.
Can’t blame them for replicating our cunning genius
The money will bypass the people and go straight to corporate ceos /s
Might as well, the Nikkei has been trading sideways since the early 90s
I’m not sure this is how it works, which one of you advised this ?
*How Many Times Do We Have To Teach You This Lesson Old Man*?
Wtf
Have you looked at Dollar/Yen? This novella has been playing for 20 years and no solution in sight for people of Japan. If we look into it carefully, somewhere we will find Yellen’s fingerprints…she can break an anvil☠️
Pretty sure the Japanese have whole genre of comics about inflation.
Is their GDP to debt any better than America’s yet?
Okay I don’t think I understand economics
Is this money newly printed or comes from their treasury?
Japan gets it. WSB commenters clearly do not. Every bond trader that bet against Japan has lost.
Stimulate these nuts
Those are rookie numbers.
So that’s how that works !
![img](emote|t5_2th52|4258)
bring on the roaring 20s then the flaming 30s
Fight inflation by creating more inflation. Brilliant I tell ya