BFS cattle exchange yen an annual increase of 24% has reached the forefront of Abe’s economic life 3344111

BFS cattle exchange: yen a year was up 24% in the Andouble economics line clients view the latest market news August 30th BFS cattle exchange — in the Japanese economy is trying to get rid of deflation dilemma exhaust all the skills on the occasion, the Japanese Prime Minister Abe Shinzo in 2012 began to put forward the economic revitalization plan, the so-called "Andouble economics", also has been more and more attention. But the current facing Japan’s economic travails, especially Japan’s stock market fell situation, can be attributed to the continued appreciation of the yen in the past year, since September 2015, the yen against a basket of major currencies appreciation has reached 24%. In the face of the rapid appreciation of the yen, including substantial monetary and fiscal expansion, "Andouble economics" was bewildered. Japan’s labour market has improved greatly since Abe’s implementation of the economy, with nearly 1 million 500 thousand new jobs on the market, and the unemployment rate has fallen by just over $3%. In addition, corporate profits soared, tax revenue grew by more than 20 trillion ($188 billion). On the basis of the above, Japan promised a massive fiscal expansion in September, some economists call it a gradual and temporary version of the so-called "helicopter money" monetary policy. But if the yen continues to appreciate, it is worrying that relying solely on such a version will not fully ease the yen’s rise. Japan’s Ministry of Finance may choose to support the United States, and to continue to provide a bluff and out of thin air threats to speculators, or simply shake, while in real action when it was too late. These two methods are likely to produce the same disastrous results: allowing the yen to appreciate and undermine the current level of exchange rates, as well as the failure of Abe economics. Japan’s Ministry of finance should do is to intervene in the currency market to prevent the yen appreciation. Speculators will accept the painful lesson that Japan’s economy may be back on track. Japan could be a scapegoat for the failure of the negotiations TPP, but considering the uncertainty of the current American political environment, can not be approved in any case TPP negotiations. Another option is the Bank of Japan [micro-blog] to buy overseas securities. Many hedge fund managers and some economists claimed that the key for the depths of deflation dilemma is to turn the tide of the Japanese economy to take a more direct "helicopter money" policy, will the new printed yen direct delivery payment to the consumer. However, due to the appreciation of the yen in the yen, consumers are effective macroeconomic policies have been blocked. Bold and highly dangerous monetary policy will become the focus of discussion as long as it meets the fatal weakness of speculators. Sina’s statement: sina.com.cn posted this article for more information to pass, does not mean that agree with their views or confirm the description. This article is for reference only and does not constitute investment advice. Investors operate accordingly, the risk of their own.相关的主题文章: