2021年9月20日月曜日

“cancelling government debt owned by government [BOJ]”

 


[PDF]

資料1-1 A Transition to Sustainable and Shared Prosperity


The second way Japan could protect itself from an interest-rate spike starts from the recognition that a large share of the money the government owes it owes to itself. Many on Wall Street don’t seem to understand that what matters is the net debt – what the government owes to the rest of society. If the government repaid the money it owes to itself – netting it out, in effect – no one would know the difference. But those on Wall Street who look only at the headline debt-to-GDP ratio would suddenly feel better about Japan.


よくわからんが、ここらへんのことかな? 


関連

2021年9月18日土曜日

どっちがどうなのかわかりやすい解説がほしいところ。


2021年9月20日月曜日

”The US has never defaulted. Not once.”



2021年9月20日月曜日

”there's no free lunch”?






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