Board Thread:Fun and Games/@comment-39133133-20190511030520/@comment-35063335-20190522183549

Japan:

To avoid an Economic Decline. Japan in a meeting with Economic Ministers orders

1) the cutting interest rates to reduce cost of borrowing and encourage investment.

2) Orders More Government intevention of the fiscal spending
 * Expansionary fiscal policy – increased government spending financed by borrowing will enable an injection of investment into circular flow
 * Ensure financial stability – in a credit crunch, government intervention to guarantee bank deposits and major financial institutions can maintain credibility in the banking system.
 * A devaluation in the exchange rate can cause a boost in aggregate demand. A fall in the value of the dollar makes exports cheaper and imports more expensive increasing domestic demand.
 * The withdrawal of tarifffs in the JARP Economic Coalition