◎We are looking forward to the Bank of Japan's review of the results of "a different level of monetary easing," but...If we look at the current situation, the outstanding government debt is over 1,270 trillion yen, which is 2.15 times the GDP (over 591 trillion yen)! The Bank of Japan holds 47.1% (584 trillion yen) of outstanding government bonds, and also holds 51.3 trillion yen in ETFs, supporting stock prices!
Large companies are performing at an unprecedented pace, reaching ``corporate internal reserves of over 560 trillion yen,'' but there are no signs of ``trickle down'' yet! There are signs of an end to deflation, but we have not officially declared an end to deflation! The Bank of Japan (government) says that the probability of achieving a sustained and stable 2% inflation price target is "not zero" and "there is some uncertainty"...! However, among small and medium-sized enterprises, which account for 99.7% of Japanese companies, 67% continue to operate in the red due to the ``weak yen'' and soaring raw material prices! Furthermore, it cannot be denied that the number of bankruptcies is increasing as the repayment period for "Zero Zero Loans" approaches! The reality is that the average citizen is suffering from an 8.2% year-on-year increase in prices for food excluding fresh food! Now, the Bank of Japan (government) has issued a declaration that the government, government, economy, and industry will work together to achieve "wage increases that outpace price increases." Although there may be various processes to achieve the objective, if we ask the results of the ``extraordinary monetary easing'' that has continued for more than 10 years, it can be said that it has converged to ``an increase in real wages'' all over Japan, japan as a whole. I don't think that's an exaggeration!
>>821
◎We are looking forward to the Bank of Japan's review of the results of "a different level of monetary easing," but...If we look at the current situation, the outstanding government debt is over 1,270 trillion yen, which is 2.15 times the GDP (over 591 trillion yen)! The Bank of Japan holds 47.1% (584 trillion yen) of outstanding government bonds, and also holds 51.3 trillion yen in ETFs, supporting stock prices!
Large companies are performing at an unprecedented pace, reaching ``corporate internal reserves of over 560 trillion yen,'' but there are no signs of ``trickle down'' yet! There are signs of an end to deflation, but we have not officially declared an end to deflation! The Bank of Japan (government) says that the probability of achieving a sustained and stable 2% inflation price target is "not zero" and "there is some uncertainty"...! However, among small and medium-sized enterprises, which account for 99.7% of Japanese companies, 67% continue to operate in the red due to the ``weak yen'' and soaring raw material prices! Furthermore, it cannot be denied that the number of bankruptcies is increasing as the repayment period for "Zero Zero Loans" approaches! The reality is that the average citizen is suffering from an 8.2% year-on-year increase in prices for food excluding fresh food! Now, the Bank of Japan (government) has issued a declaration that the government, government, economy, and industry will work together to achieve "wage increases that outpace price increases." Although there may be various processes to achieve the objective, if we ask the results of the ``extraordinary monetary easing'' that has continued for more than 10 years, it can be said that it has converged to ``an increase in real wages'' all over Japan, japan as a whole. I don't think that's an exaggeration!