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

"James Powell" <[EMAIL PROTECTED]> wrote in message
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> > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
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> > > > >
> > > > > "Christian Party" <[EMAIL PROTECTED]> wrote in message
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> > > > > >
> > > > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
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> > > > > > > "Christian Party" <[EMAIL PROTECTED]> wrote in message
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> > > > > > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
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> > > > > > > > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
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> > message
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> > > > > > > > > > > > "James Powell" <[EMAIL PROTECTED]> wrote in message
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> > > > > > >
>
>  <snip>
>
> > > > You have nothing to suggest that the historic trend in savings in
> Japan
> > > > changed even one iota, "James".  But more importantly, the 1999 data
> > point
> > > > is not an extrapolation "from a single data point"--it's one of
> numerous
> > > > data points which have been posted and linked to on this very forum
> > which
> > > > report (erroneously) that Japan's savings rate has varied between
> > 30-34%.
> > > >
> > >
> > > You have not shown that this one data point represents a trend,
> historical
> > > or otherwise. You also show a lack of basic reading comprehension.
> > >
> >
> > Let's assume that you just didn't see the link, which means you're a
mere
> > moron rather than a LIAR, and re-post the url's along with Japan's
savings
> > figures:
> >
> > 34% of GDP -- http://members.fortunecity.com/zz8/bottomline.htm
>
>
> Your site. Worthless as a source
>
> >
> > 30% of GDP --
> > http://www.asiaweek.com/asiaweek/magazine/2000/1208/bottomline.html
>
>
> That is for one year. Interestingly enough, the US is listed at 17% and
> canada at 21%.
>
> >
> > August 11, 2000, 30%
> > http://www.asiaweek.com/asiaweek/magazine/2000/0811/bottomline.html
> > August 18, 2000 edition
> > http://www.cnn.com/ASIANOW/asiaweek/magazine/2000/0818/bottomline.html
> >
> > December 8, 2000 edition
> > http://www.asiaweek.com/asiaweek/magazine/2000/1208/bottomline.html
> >
> > March 16, 2001, 30%
> > http://www.asiaweek.com/asiaweek/magazine/2001/0316/bottomline.html
> >
> > March 30, 2001 edition
> > http://www.asiaweek.com/asiaweek/magazine/2001/0330/bottomline.html
> >
> > April 20, 2001, 30%
> > http://www.asiaweek.com/asiaweek/magazine/2001/0420/bottomline.html
> >
> > November 23, 2001
> >
http://www.asiaweek.com/asiaweek/magazine/yourspace/0,8782,184624,00.html
> >
> >
> > This is a trend which goes back to 1996.  It's not a single data point
as
> > you claim.
> >
>
> What trend? You have posted multiple links to the same data! Do you really
> think the savings rate is going to be re-computed on a weekly basis?
>
> > > > The REAL savings rate is 49% of GDP, not 33% as Asian Week reported.
> > > > http://members.fortunecity.com/zz8/japangdp.htm
> > > >
> > >
> > > Unsupported assertion by a known loon.
> > >
>
> Still unsupported. You just posted multiple references to the rate being
39%
> from a much more credible source than you.
>
> > > > > > It's obvious that you're not a man, "James".  It's obvious that
> > you're
> > > a
> > > > > > woman who "thinks" just like a woman, and that means you "think"
> > that
> > > > math
> > > > > > is just like a rubber yard stick which can be bent to fit your
> > > > "feelings",
> > > > > > which it's not.  Japan's official savings rate varied between
> 30-34%
> > > > each
> > > > > > and every year in the half century that we have figures
available,
> > so
> > > > it's
> > > > > > very unlikely that the 1999 figure would be off by more than 4%.
> > And
> > > > even
> > > > > > if it was, that would be an important data point to have to
> analyze
> > > > > Japan's
> > > > > > long term savings trends, further invalidating your absurd claim
> > that
> > > > > "they
> > > > > > are no more valid than a snapshot of our economy".
> > > > > >
> > > > >
> > > > > No. You 'think' the rate varied between 30-34% each year. You have
> not
> > > > shown
> > > > > that the average Japanese saved at this rate, nor do the official
> > > Japanese
> > > > > numbers. I point out that the 'propensity to consume' for February
> > 1999
> > > > was
> > > > > 87.6% (according to the archived version of the link).
> > > > >
> > > >
> > > > Yes, and this IS an attempt to "extrapolate from a single data
point",
> > > which
> > > > IS meaningless, because it omits a LOT of other data which needs to
be
> > > > included to calculate the savings rate accurately.
> > > > http://members.fortunecity.com/zz8/japangdp.htm
> > > >
> > >
> > > No. It is a data point as reported by the Japanese government. A look
at
> > > other official reports indicates this indicator has stayed in the
75-85%
> > > range.
> > >
> > > You have already proven you are unable to correctly calculate
anything,
> > let
> > > alone the 'savings rate'.
> > >
> >
> > No, you posted ONE data point which is an exception to the rule.  This
> would
> > be like pointing out ONE data point from December 1999 which shows a
> > propensity to consume of only 43% and claiming that it represents the
> entire
> > data.  It doesn't
> > http://members.fortunecity.com/zz8/japan1999income.htm
> >
>
> Try reading for comprehension. Here. let me REPEAT it again:
>
> It is a data point as reported by the Japanese government. A look at other
> official reports indicates this indicator has stayed in the 75-85% range.
>

This data IS from the Japanese government, and it IS the average for 4
different years over the last 13 years, and it DOES show that Japan's
AVERAGE savings rate for the whole year averaged between 24.7% to 27.9% of
disposable income, NOT 15% to 25% that you picked up from selected (and
unrepresentative) data points.

It's literally impossible for an American man to be this ignorant of
statistics.  You proved once and for all with the above response that "James
Powell" is a member of the fair sex, the one which correctly answered fewer
TIMSS math and physics questions than if you'd just guessed.  Here are the
OFFICIAL personal savings figures from Japan as a percent of disposable
income:

http://members.fortunecity.com/zz8/japangdp.htm

http://www.stat.go.jp/english/data/figures/pdf/2004f.pdf

1990 =  24.7%
1995 = 27.5%
2000 = 27.9%
2002 = 26.9%

If Japan is in the midst of economic meltdown as you seem to believe, do you
believe this meltdown is caused by Japan's households saving TOO MUCH money?
This savings rate isn't exactly an all time high, but it's also certainly
not an all time low, so could this possibly be your feminazi definition of
"economic meltdown"?

Do you know what the personal savings rate is in the US, "James"?  It is a
NEGATIVE figure.  Do you know what that NEGATIVE figure is?

My bet is that you can't even answer that question, even after the
calculations have been done for you, "James".
http://members.fortunecity.com/zz8/personalsaving.htm

John Knight