Why policy not to leave the economy?
Why policy not to leave the economy?
Why does the Bank of Japan take a monetary policy
on purpose, the economy will stall?
The hint for that was given by Prime Minister Noda of May 11,
It was an answer in the National Assembly.
Deliberation of social security and tax
reform related legislation started,
On the last question of this day, standing,
everyone's secretary general, Kenji Eta,
In order to repay national debts on a
sustainable basis, which amounted to 1000 trillion yen,
I think that there is no choice but
to continue economic growth,
I pursued Prime Minister Noda.
Prime Minister's answer:
In the case of economic growth, due to the rise
in interest rates accompanying growth,
It is necessary to pay attention to the fact that it increases,
By simply relying on increased sales etc.,
it will be 1 trillion yen each year, social security expenses,
To respond to the natural increase,
etc., to secure financial sustainability,
I think that it is difficult.
In other words, Prime Minister Noda,
as economic growth proceeds, interest rates will rise.
As the interest rate rises, interest payment on
government bonds will increase,
It was said that fiscal reconstruction would be difficult.
But is the postponement of the economic recovery really true?
Certainly the economic recovery entails great risk.
But if you do not challenge,
The Japanese economy is about to shrink and balance.
I will extract some of them.
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