If you want to hear some common sense on what the Japanese government should do to repair its economy, click here.
You won’t find praise of the latest multi-trillion yen stimulus package. And you won’t hear any fawning over the supposedly heroic central bankers.
No. What you’ll hear is a straightforward and common sense argument for why the Japanese central bank should increase interest rates right now.
If it doesn’t, it will result in more wasteful and misdirected government spending and even greater pain for the Japanese. Continue reading Australian economy needs to go cold turkey
