THE WALL STREET JOURNAL
However, he dismissed as “impossible” the idea that the BOJ could print money to directly finance government spending or hand cash to households, a policy sometimes known as helicopter money. He said it wouldn’t be legally possible, though he acknowledged that pledging to peg long-term rates at a certain level potentially permits the government to borrow aggressively if it chooses to do so.
Selleks ei ole vaja pikaajalisi intresse peg’ida, et valitsus saaks agressiivselt laenata/defitsiitselt kulutada. Narratiiv on endiselt vale, kuigi muutumas.