Buying back long-dated bonds way forward for Japan

LETTER - Letter by Professor Tim Congdon published in the Financial Times on 10 June in response to an editorial by Sir Samuel Brittan, which in turn had commented on Prof Congdon's original article in Central Banking journal, 'What is to be done about Japan's financial crisis?'

Buying back long-dated bonds is the way forward for Japan

Sir, I valued Sir Samuel Brittan's reference to my proposals for raising money supply growth in Japan ("Inflation can be too low as well as too high", June 6) b

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