Will Japan Stimulus Be Good News For the Yen?

The video discusses the need for fiscal stimulus in Japan, highlighting the potential postponement of the consumption tax hike as a positive move for the yen. It reviews historical sales tax hikes in 1997 and 2014, noting their economic impacts. The global context is considered, with a focus on the limits of monetary policy and the necessity for fiscal measures. Canada's fiscal approach is examined, emphasizing its impact on currency and economic fundamentals.

What is the expected impact on the yen if Japan postpones the consumption tax hike?

• It will have no impact on the yen.

• It will be yen positive.

• It will cause the yen to fluctuate unpredictably.

• It will be yen negative.

What historical event is used to illustrate the impact of sales tax hikes in Japan?

• The 2008 financial crisis

• The 2000 dot-com bubble

• The 2011 earthquake

• The 1997 sales tax hike

Why is fiscal stimulus considered necessary according to the transcript?

• There is no need for any policy changes.

• Fiscal stimulus is always better.

• Monetary policy has reached its limits.

• Monetary policy is too effective.

Which country is mentioned as having the ability to implement fiscal stimulus?

• Germany

• United States

• Canada

• Australia

What has been the trend in the Canadian dollar against the yen due to fiscal stimulus?

• The Canadian dollar has fluctuated wildly.

• The Canadian dollar has remained stable.

• The Canadian dollar has weakened.

• The Canadian dollar has strengthened.