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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: MikeM54321 who wrote (3635)5/16/1998 7:19:00 PM
From: Frodo Baxter  Read Replies (1) | Respond to of 9980
 
Right, they need to spend more. How to do that other than restoring confidence (impossible with the LDP and Hoover Hashimoto in charge)? Pump out the cash. Remember the monetarists' refrain: "Too much money chasing too few goods." The average Japanese consumer values money too much, right? You fix that by devaluing money.