All that term really seems to mean is “fund the government by printing money to buy JGBs” and never seems to filter down to actually boosting wages for people.
And of course by making her priority “deflation” she can ignore the real and present inflation sending up the prices of basically everything.
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Welp, so much for “combating deflation”.
All that term really seems to mean is “fund the government by printing money to buy JGBs” and never seems to filter down to actually boosting wages for people.
And of course by making her priority “deflation” she can ignore the real and present inflation sending up the prices of basically everything.