Japan rules out 'helicopter money'

The BoJ buys new issue bonds from the government rather than the secondary market and the government spends it on stuff or people.
 
Maybe with her experience, we should get ahead of the curve and bring Bronwyn Bishop back into parliament as minister for finance?
 
Helicopter money ruled out in a country whose central bank will become the biggest shareholder in just about every stock in the bench mark index
 
We had our own helicopter money in 2008 when the politburo sent us all a $900 cheque.

Went straight into a new Chinese TV set etc and the trade balance went south overnight.

We double paid our annual rates! been a year ahead ever since.

OC
 
Old Codger
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Re: Japan rules out 'helicopter money'

We had our own helicopter money in 2008 when the politburo sent us all a $900 cheque.

The US sent a Jumbo Jet to Wall ST to bail out the banks. :)

Regards Errol 43
 
"BOJ is upping its ETF purchases it from 3.3 Trillion JPY to 6T"

Then 12T, then 25T, then 50T, then stop counting!

OC
 
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