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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (76251)2/20/2000 12:06:00 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
Mike,

I recently read an article that the Japanese government will be borrowing directly from the banks as a means of financing the budget deficit. Apparently the deficit is so huge they are worried about its impact on interest rates if they just come to market.

Isn't that a potential negative for the Yen that offsets some of the positives?

You can't get more inflationary than that can you?

Wayne

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