きのうのニコニコ超会議で、言い忘れたことが一つある。社会保障の問題は世代間のゼロサム・ゲームではないということだ。最近、元IMF理事のブランシャールが、日本の財政破綻を予想して話題になっている。 One day the BoJ may well get a call from the finance ministry saying please think about us – it is a life or death question – and keep rates at zero for a bit longer. The risk of fiscal dominance, leading eventually to high inflation, is definitely present. I would not be surprised if this were to hap
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