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

Portugal Notícia Notícia

No place in Japan for 'modern monetary theory', says Finance Minister Aso
Portugal Últimas Notícias,Portugal Manchetes

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.

 

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

Portugal Últimas Notícias, Portugal Manchetes



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