No place in Japan for 'modern monetary theory', says Finance Minister Aso

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TOKYO : Japan must not make its public finances a target of experiment for lax financial management such as through 'modern monetary theory', Finance Minister Taro Aso said on Friday.Aso made the comment at a regular news conference, when asked about a proposal by Sanae Takaichi, a contender in the ruling

TOKYO : Japan must not make its public finances a target of experiment for lax financial management such as through"modern monetary theory", Finance Minister Taro Aso said on Friday.

Aso made the comment at a regular news conference, when asked about a proposal by Sanae Takaichi, a contender in the ruling party's leadership race, for shelving a primary budget-balancing target until 2per cent inflation is met.

 

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What a joker…they have been printing money for years like nobody business and they said they don’t do MMT…😷

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