>Because the BoJ is going to keep on funding the government's debt forever with freshly printed yen, right? It's all printing when it comes to a country spendi

>Because the BoJ is going to keep on funding the government's debt forever with freshly printed yen, right? It's all printing when it comes to a country spending its own floating-rate non-convertible currency. Spending creates, taxing destroys. > You don't see a problem with that? If and when inflation comes, there will be a problem. In 20 years, it has yet to manifest; which suggests there's much more room for spending.