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

Christian Party wrote:

> You already know from your study of http://www.stat.go.jp/english/19.htm ,
> which now shows Japan's monetary base to be $97.5 trillion (up more than $24
> trillion from a little over a year ago), that $319.9 billion of this $1,277
> billion is the *surplus* of Japan's government operations.

No.  This page shows the monetary base higher than the money stock, which is
*impossible by definition*.  If you had the slightest clue what those terms
meant (which you do not) you would know this.  Therefore there is a translation
error on the page.

> Japan still hasn't responded to your demand that they reduce their estimate
> of the size of their monetary base from $97 trillion to less than $1
> trillion, have they?
>
> Why not?

Because they don't know about it, presumably.

> Might it be that they don't believe you?

No, I'm sure they will be very embarrased when they notice it.

Darren