JAPAN - Masaru Hayami, governor of the Bank of Japan, warned yesterday that loosening monetary policy could trigger hyperinflation, highlighting the growing gap between the Bank of Japan's thinking and that of the government and many private sector economists.
"If we continue to increase liquidity for the banking system, there will be too much liquidity and inflation at some point," Mr Hayami told a parliamentary budget committee. "Inflation could flare up once it is triggered by some event an
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