To all those who think helicopter money can solve all economic - TopicsExpress

To all those who think helicopter money can solve all economic problems and believe Japan is doing well. Probably, you got economics wrong. Monetary polices alone and tax hike cannot improve a country mid and long-term economic performances. Japan is showing the world such a rule. The asian economy needs strong structural reforms. Two years after the first decision of the Bank of Japan to devalue the Yen, none of those has been implemented yet, and GPD is shrinking once again.

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