2012年11月23日金曜日

Should Japan's monetary policy be changed?

The remarks of Mr.Abe, the president of the LDP, on his monetary-easing policy caused a stir and drew heavy criticism from all quarters.

But, Tokyo stock prices have risen highly and yen has become weaker.

On the other hand, the government and the BOJ expressed a nagging concern that such off-the-cuff easy-money policy may unleash hyperinflation in the future.