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

"Christian Party" <[EMAIL PROTECTED]> wrote:
>"Bob LeChevalier" <[EMAIL PROTECTED]> wrote in message
>news:[EMAIL PROTECTED]
>> "Christian Party" <[EMAIL PROTECTED]> wrote:
>> >This is all you need to estimate Japan's actual savings figures:
>> >
>> >$126,450 = GDP per household
>> >
>> >47,940 = living expenditures ($3,995/month x 12 months)
>> >
>> >16,476 = taxes ($1,373/month x 12 months)
>> >
>> >$62,024 = savings = 49% of GDP
>>
>> Since when do households get their share of GDP as income, silly?  By
>> that standard, Americans have $100K per household to spend, which is
>> around double the real amount.  We'd have a high savings rate by that
>> calculation.
>>
>> >$2,481 billion = gross savings ($62,024/household x 40 million
>households)
>> >
>> >THIS IS ONE YEAR, Roy.  "Where_could_that_much_money_come_from_?"  It
>comes
>> >from PERSONAL SAVINGS, a habit you might enjoy if you even understood the
>> >concept.
>> >
>> >What is Japan's REAL savings rate?  FORTY NINE PERCENT!!
>>
>> Nope.
>>
>> lojbab
>
>The difference is government spending.  All government spending in Japan is
>only 9% of household incomes,

The Japanese government disagrees with you, nincompoop.

http://www.mof.go.jp/english/budget/pamphlet/cjfc_m.htm
2000 government expenditures in Japan were 36.2% of GNP, according to
the Japanese government, whereas for the US it was 30.2% of GNP

Their national debt is 517 trillion yen or around $4.5 trillion
dollars, a higher percentage of GDP than the US national debt.
http://www.mof.go.jp/english/gbb/e1506.htm

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