Posen: Helicopter Money Never Going to Take Off in Tokyo

The video discusses the impact of yen fluctuations on Japanese exporters and the Bank of Japan's (BOJ) policy review. It highlights the need for fiscal-monetary coordination and the challenges of achieving inflation targets. The BOJ's options, including currency weakening and wage increases, are explored as strategies to address inflation and economic pressures.

What are the implications of the inflation trends mentioned in the text?

What role does fiscal policy play in the context of monetary policy as discussed?

What are the potential options for the Bank of Japan to address inflation according to the text?