raghu quoted: > Japan is a wealthy country which is responding to the disaster, among > other things, by printing hundreds of billions of dollars’ worth of > new money. Money is not the bottleneck here: if money is needed, Japan > can raise it. ...
Printing Yen threatens to cause inflation, especially when the aftermath and the aftershocks of earthquake are restricting supply. On the other hand, if the '"money" is a gift of US$, that wouldn't cause inflation in Japan (or the US). still the article was useful. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
