Wednesday, July 13, 2016

Will Japan Begin Helicopter Money Drops? 
"As with Brexit, the Japanese political situation is in flux and nothing is certain as far as policy. The financial news was abuzz with reports that Ben Bernanke would be meeting with the BOJ and MOF to discuss some type of policy actions. Helicopter money drops or what we know to be ramping up fiscal stimulus through direct money deposits to Japanese consumers. We will have to await any announcements but the Japanese will be careful because many of their fellow G-7 partners have advised against currency actions to weaken the YEN."
- Yra Harris
link here to the reference

1 comment:

Anonymous said...

They will just say thankie and save it to buy a robot to displace the carer.