¥320 trillion in Quantitative easing.
¥80 trillion more a year.
Is your cunt using Quantative easing? All the cool cunts do it.
>>51629336
To the rising sun!
>>51629336
This is to get 2% inflation.
It's currently .1%
>>51629336
What is quantitative easing exactly?
All I know good ol' Abe is making the yen to dollar ratio really cheap which is good for when I go over there
>>51629336
Bump.
>>51629414
Central bank buying government debt to send bond prices super low forcing people to put money in risky assets.
>>51629414
It also expands the money supply leading to a lower currency value which helps exports.
It's not yet panic such time
>>51629490
Lol sure Mr two recessions in two years
>>51629336
The Central Bank owns more "assets" than the GDP value of Japan.
Our fed owns about 35%.
But they debts mounted up to trillion of dollars every year.
>>51629336
Better had posted this on biz, nobody here knows shit from Abeconomics besides shitposting anime.
>>51629601
Is shitposting anime an important part of abeconomics ?
I wish I understood Economics on a national scale. It looks like Black Magic to me, and the more I read about the more it looks like Black Magic.
What the fuck happened to Japan's GDP in 2013? Shit dropped over a trillion GDP
http://money.cnn.com/news/economy/world_economies_gdp/
>>51629637
>besides
Yes. In fact it is an important factor that shifts the aggregated demand.
They were inspired by the USA.
>>51629669
According to this site we dropped 0.3 between 2014 and 2015
>>51629712
Good to know
>>51629724
I USD = 122 Yen
I'm surprised that the Japanese have been able to pursue their idiotic economic policies for 20 years. Right now it's to the point where even small changes in interest could potentially bankrupt the entire country. It might very well be better to just let it collapse, rebuild and not repeat the stupid mistakes of the past. But that probably won't happen (voluntarily at least) since countries tend to hold out for as long as they can for fear of pr backlash and so on.
1. not state system
2. net assets
3. honesty declaration
4. a rate of savings
5. Internal debt
>>51630111
>small changes in interest could potentially bankrupt the entire country
Why?
>>51630159
>1. not state system
Except that the Japanese government is threatening changing the law if BoJ doesn't abide in printing more money.
>>51630185
Because something like 45% of their tax revenue goes toward paying off interest. Imagine what a 1% to a 1.5% effective interest rate would do.
>>51630258
But they more or less pay interest to themselves. It's internal debt.
>>51630353
They collect money from taxpayers to pay interest to taxpayers who own government obligations.
>>51630353
That really is using the term "themselves" in the broadest way possible. They still have obligations towards bondholders, whether they are within the country or not. Japan has backed themselves into a corner that is going to be hard to get out off.
>>51630433
Which naturally leads to higher taxes or perpetually going into debt. The problem really is the scale at which Japan put itself into debt. It's not usually a problem for a developed country if the debt-to-gpd ratio is something like 0.8.
>>51630433
Lets say there is yearly 1% interest
That means you need to pay of from a 101% loan
Because unlike consumer loaning, loans on such a high level is so large paying them down is a weird task.
Then again, Economics beyond consumer level is black magic.
