Macro Economy

Macro Economy

Ignore Blanchard: A Role Reversal with Rogoff

On March 26, the Council on Economic and Fiscal Policy invit...
Macro Economy

Do Not Repeat the “BOJ-Induced Recession”

Shortly after I wrote in my previous blog post about "avoidi...
Macro Economy

Welcoming the New Appointments to the Bank of Japan Policy Board

On February 25, the government presented its nominees for th...
Macro Economy

The Bias of Media Outlets Making a Fuss Over a Modest Rise in Long-Term Interest Rates

The yield on 10-year government bonds (hereafter "long-term ...
Macro Economy

Government Bonds Are Not Debt, and Tax Hikes Are Unnecessary

"Issuing government bonds is borrowing money that must be re...
Macro Economy

Yukio Noguchi’s Theories on Exchange Rates and Supply Constraints Lack Persuasiveness

On December 13, Diamond Online published an article by Yukio...
Macro Economy

Reservations Regarding the Takaichi Administration’s Policies: Supporting with Caution

Currently I am not an economist, nor do I earn an income fro...
Macro Economy

Passage of the Supplementary Budget: The First Step Toward Economic Normalization—Primary Balance Targets Are the Root of All Evil

On November 21, the Cabinet approved a comprehensive economi...
Macro Economy

Critiquing Motomitsu Sato’s “Wise Spending” Theory

In a dialogue reported by the Nikkei Shimbun on November 6, ...
Macro Economy

Stop Promoting Inbound Tourism Immediately

On November 14, the Chinese government issued an advisory to...