"Japan Inflation Rate at 34-Month High of 1.4% in January" - wow, feel that debasement.
https://www.ft.com/content/e26d36e6-918b-11e7-a9e6-11d2f0ebb... "The fears about Japan’s debt are overblown": "The real interest rate Japan pays on its debt has fallen steadily. With short-term interest rates now negative, the country gets paid to borrow for short periods."
The trick to all this is to remember how much of that debt is ultimately owed to pensioners - not all of it but a surprisingly large amount; paying about 1/3 of tax revenue to pensions in a country where 40% of people are over 65 suddenly doesn't look so unreasonable.
> Japan inflation
https://tradingeconomics.com/japan/inflation-cpi
"Japan Inflation Rate at 34-Month High of 1.4% in January" - wow, feel that debasement.
https://www.ft.com/content/e26d36e6-918b-11e7-a9e6-11d2f0ebb... "The fears about Japan’s debt are overblown": "The real interest rate Japan pays on its debt has fallen steadily. With short-term interest rates now negative, the country gets paid to borrow for short periods."
http://www.bbc.co.uk/news/business-35436187 : Japan's rate went negative. The government can "afford" people paying it to take their money off their hands all day long.
The trick to all this is to remember how much of that debt is ultimately owed to pensioners - not all of it but a surprisingly large amount; paying about 1/3 of tax revenue to pensions in a country where 40% of people are over 65 suddenly doesn't look so unreasonable.