Re: Does Japan's $93 trillion monetary base include their Postal Savings Accounts?

"Christian Party" <[EMAIL PROTECTED]> wrote:
>> http://www.stat.go.jp/english/data/handbook/c04cont.htm
>> gives a figure showing the postal savings, though the exact amount is
>> not given:
>> Figure 4.5 shows the assets of the Postal savings system to be around
>> 280 trillion yen or $2.4 trillion.
>
>You need to do a sanity check on that page. 

Why do you insist on sanity checks when you don't like the numbers,
but blithely accept the official number for the monetary value when it
is 100 times the number reported in the source document referenced,
when it is a number you like?

>IF "Net savings and insurance
>was 79,900 yen/mo or $695/mo" in the average workers' household, then 40
>million worker's households in Japan saved only $333.6 billion, less than 7%
>of GDP.

The number reported is the number reported.

>Numerous sources put Japan's savings rate at 33% of GDP, or $1,650 billion,
>so where did the other $1,316.4 billion go?

Maybe they are reporting something else.

>Which do you think is the most accurate?

Anything that is not on your site.

lojbab
-- 
lojbab                                             [EMAIL PROTECTED]
Bob LeChevalier, Founder, The Logical Language Group
(Opinions are my own; I do not speak for the organization.)
Artificial language Loglan/Lojban:                 http://www.lojban.org