BOJ Watch: Are the Policies Actually Working?

The video discusses the challenges faced by Japan's monetary policy, highlighting the negative effects of conventional tools like quantitative easing and negative interest rates on banks and the elderly. It explores the potential need for policy normalization and the limitations of current strategies. The discussion also touches on the broader implications for global monetary policy and the need for alternative approaches, such as fiscal-monetary coordination.

Discuss the relationship between asset prices and economic objectives in the context of monetary policy.

What alternative strategies could the Bank of Japan consider if current monetary policies are ineffective?