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To: Lucretius who wrote (17897)	2/3/1999 7:36:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

What's wrong with a stronger yen, anyway? <vbg> biz.yahoo.com Rubin asks Tokyo for BOJ debt underwriting-report TOKYO, Feb 4 (Reuters) - U.S. Treasury Secretary Robert Rubin has urged Japan to include in its economic stimulus measures the direct underwriting of fresh government debt by the Bank of Japan, a major Japanese daily reported on Thursday. Asahi Shimbun reported in its Thursday morning edition that Japanese Finance Ministry officials told Prime Minister Keizo Obuchi on Wednesday that Rubin had unofficially proposed at the recent World Economic Forum that Japan boost its money supply to help pull its economy out of recession. Rubin's proposals, made to the ministry officials and to Koichi Kato, a senior member of the ruling Liberal Democratic Party who attended the Davos forum, included such policy measures as having the central bank directly underwrite government debt, the newspaper said.