Haruhiko Kuroda Jaapani Keskpangast

THE WALL STREET JOURNAL

Haruhiko Kuroda: Central Banks Need to Broaden Focus to Whole Yield Curve

 

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.

About Kristjan

Defitsiidi terrorismi vastase pataljoni eriüksuslane (finantsignorantsuse vastu võitlemise osakond). Treening: MMT, postkeinsism, Tartu Ülikool Majandusteadus
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