Book (Practical) Economy Mixed Inflation Trap / Atsushi Mizuno

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The Economy
[Introduction to the Contents]
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People will be exhausted by persistent high inflation, and the rich will be benefited by soaring asset prices.
The problem is made more serious by persistent fiscal difficulties and the continuation of low interest rate policies.
This book presents the challenges and options for the Japanese economy from a medium - to long-term perspective.
It presents the "price stability target" of 2% in two years.
Investors and financial professionals who want to keep an eye on trends in interest rates and foreign exchange rates.
In April 2013, the Bank of Japan introduced quantitative and qualitative monetary easing with the aim of getting out of a long-lasting deflationary economy.
It presented the "price stability target" of 2% in two years.
By introducing an inflation target, the Bank of Japan sought to overcome deflation.
While the Japanese economy struggled with deflation, the Bank of Japan added a series of easing measures without thinking about an exit, and the functioning of the government bond market deteriorated significantly.
Government fiscal discipline continued to loosen.
The economic Epilogue -- Challenges in Japanese Society
Former Board Member of the Policy Committee of the Bank of Japan
Doctor of Economics, City University of New York, 1989 ; Visiting Researcher of NBER, 86-89 ; Lecturer of Economics at City University of New York, 86-88 ; State University of New Jersey, 1987 ; Chief Bond Strategist, Nomura Securities, Credit Suisse First Boston Securities, etc., from 1989 to 2004 ; Member of the Policy Board of the Bank of Japan from December 2004 to December 2009 ; Vice Chairman of the Board of Directors, Credit Suisse Securities from April 2012 to January 2019.
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