Shoppers in Tokyo
They strongly believe that with this scheme, the middlemen lenders would be forced to lend more to their clients to spur economic growth. Otherwise, they will be charged for parking their money with the central bank.
Bank of Japan, in a Surprise, Adopts Negative Interest Rate for the First Time
The Japanese government has tried numerous stimulus measures, hoping to increase spending and spur inflation. Yuya Shino/ReutersAs Japan’s economic doldrums have lingered, its leaders have tried a number of tricks over the years, from increasing government spending to flooding the financial system with cash.
With the global economy looking increasingly fragile, Japan is now taking a more aggressive step by cutting interest rates below zero on Friday.
The policy — which means banks are essentially paying for the privilege of parking their money — represents a last resort for a country that has struggled through a quarter-century of weak growth. In theory, negative rates will push banks to lend more to companies, which would then spend and hire.
The Bank of Japan is following other central banks in going negative on rates, a sign of the continuing global trouble from plummeting low oil prices, stalling international trade and slowing growth in China. Japan’s prime minister, Shinzo Abe, is seeking new ways to break the country’s cycle of decline.”
The importance of Japan’s economy is borne from the fact that it has been feeding the Khazarians’ pocket for almost a century, the most significant of which was during the Second World War, when it raped China of its historical gold bullion and placed it in the Philippines and some other parts in Southeast Asia. The Khazarians then built an industrial empire out of the Asian loot and in the defeated country, while another victim of the Jesuit-sanctioned Japanese military misadventure across Asia, i.e. the Philippines, is supplying the industrial empire with raw materials even up to now.
Yes, the Jesuits controlled both sides of the conflict as they have always been for the last four centuries.
Both Gen. MacArthur and Emperor Hirohito were Maltese Knights
Emperor Hirohito wearing Maltese cross
No wonder that, for decades, the West has been buying Japanese consumer products at much lower prices than those made at home. Along the way, the Khazarians still thought it wasn’t enough and so the Fukushima nuclear extortion had to happen resulting to the prime minister then giving out at least $70 billion, or else the rest of the nuclear plants in the country would explode.
Onward to the last three years or so, Japan’s pension fund was also skimmed to keep the Khazarians afloat amidst ongoing international effort to pin them all down, and now Japan is bowing again to the Khazarian diktats of adopting to the Western ongoing trend of imposing negative interest rates, a desperate move proving the true value of the fiat dollar, i.e. nil.
The basic problem is, the bank borrowers know exactly that the central banks are just printing worthless paper money, and countries like China are now restricting the acceptance of fiat dollar effectively halting the delivery of goods worldwide since December last year.