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|Posted on September 25, 2015 at 5:01 AM||comments (3)|
In a brief word, cut down the Stimulus. They should not be encouraged by the world to step up to the plate, that they have already done. Now to protect their economy in the longer term, they have to taper and cut the Stimulus. That is my only suggestion to the authorities in Japan.
With that correction, I believe the world economy can continue to Recover and in course of time reach Prosperity.
Nature and God continue to provide everything the world needs, but human agency must be used with wisdom to issue and then control issuance of the medium of exchange, and to cut down the Stimulus is the only message I am getting for Japan.
I send you my greetings and good wishes.