Why doesn't Japan just print more money? This is not a shitpost

>>1650872
Maybe they don't want their currency to inflate?

Why dont governments just print more money and not tell people?

>>1650888
But printing currency may provide a semi-predictable bump to inflation so that they can get out of their deflationary zone. Every country would rather have inflation than deflation.

File: japan-central-bank-balance-sheet[1].png (12KB, 730x340px) Image search: [Google]

12KB, 730x340px

>>1650872

>>1650872
Because that is vanilla compared to what they already did. BOJ assets equal 100% of GDP. The GPIF (i.e. social security) is 50% invested in equities.

>not understanding the zero lower bound

>>1650892
Inflation has the downside of making any current loans worth less, which makes people less interested in loaning money, which is a cornerstone of any economy.

>>1650872
What precisely do you mean by "just print more money"? It could credibly be argued that what they've been doing is a form of printing money.

But the big problem is that they still haven't got widespread acceptance for the idea that the government never ever has to eliminate its debt.

>>1651006
That effect's not significant. Banks can still lend profitably, and banks have no shortage of money to lend.

>>1650872
Because the rich don't want that. Read Kalecki's The Political Aspects of Full Employment.

>>1650872
They are trying they bought everything they can to print money but there wasnt enough liquidity in the market. The Japanese government bought up majority of bonds and stocks.