Home Japan BOJ members stick to monetary easing amid lack of wage growthJJapanBOJ members stick to monetary easing amid lack of wage growthJuly 27, 20223 comments BOJ members stick to monetary easing amid lack of wage growthhttps://japantoday.com/category/business/boj-members-stick-to-monetary-easing-amid-lack-of-wage-growth Tags:Japan 3 commentsThe “easing” goes into corporations pockets not to wages. The people just get sales taxes for their efforts.My impression was that another reason the BOJ can’t afford to increase the rate is because the interest on the huge national debt of Japan becomes unserviceable. [Japan National Debt](https://www.fitchratings.com/research/sovereigns/monetary-tightening-poses-medium-term-risks-to-japans-debt-dynamics-06-05-2022#:~:text=The%20effective%20interest%20rate%20on,and%20the%20US%20(1.6%25))Can’t wait for that 20%+ inflation to hit.Probably should leave. Hear Europe pays people enough to keep a roof over their head and plan a retirement.Leave a ReplyYou must be logged in to post a comment.
The “easing” goes into corporations pockets not to wages. The people just get sales taxes for their efforts.
My impression was that another reason the BOJ can’t afford to increase the rate is because the interest on the huge national debt of Japan becomes unserviceable. [Japan National Debt](https://www.fitchratings.com/research/sovereigns/monetary-tightening-poses-medium-term-risks-to-japans-debt-dynamics-06-05-2022#:~:text=The%20effective%20interest%20rate%20on,and%20the%20US%20(1.6%25))
Can’t wait for that 20%+ inflation to hit.Probably should leave. Hear Europe pays people enough to keep a roof over their head and plan a retirement.
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3 comments
The “easing” goes into corporations pockets not to wages. The people just get sales taxes for their efforts.
My impression was that another reason the BOJ can’t afford to increase the rate is because the interest on the huge national debt of Japan becomes unserviceable. [Japan National Debt](https://www.fitchratings.com/research/sovereigns/monetary-tightening-poses-medium-term-risks-to-japans-debt-dynamics-06-05-2022#:~:text=The%20effective%20interest%20rate%20on,and%20the%20US%20(1.6%25))
Can’t wait for that 20%+ inflation to hit.
Probably should leave. Hear Europe pays people enough to keep a roof over their head and plan a retirement.