Economy minister Heizo Takenaka has said Japan's deflation could be overcome if the Bank of Japan can increase money supply growth and the government were able to increase demand through deregulation and clean up the banking system. By combining these two, Takenaka said, our calculations say we will be able to overcome deflation.
Source: Financial Times
Heizo Takenaka, Japan's economy minister, said yesterday the country could overcome its persistent deflation because the central bank was worki
Back to Top