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Pastimes : Ask Mohan about the Market
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To: Zeev Hed who wrote (15469)4/19/1998 9:38:00 PM
From: Bearded One  Read Replies (1) of 18056
 
A question about these "postal accounts" in which the Japanese have all this money stocked away...

Since money like that is nothing more than numbers in a computer, isn't the effect of "opening up" these accounts the same as just printing a whole bunch of Yen and giving it to Japanese citizens?

If the Japanese were going to increase liquidity, why would they do it this way?

Thanks.
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