Japan Should Increase Liquidity in Labor Market: Kishida's Adviser

The video discusses the stagnant wage situation in Japan, comparing it to the high cost of living in New York. It explores the new capitalism plan, emphasizing the need for higher wages and labor market liquidity. Challenges faced by small and medium enterprises due to rising costs are highlighted. The role of the Bank of Japan (BOJ) in managing inflation and potential structural changes in the economy is examined. The impact of global banking turmoil on Japan's economy is also discussed.

What potential impact could structural inflation have on Japan's economy?

How might the new governor of the Bank of Japan approach monetary policy in light of rising prices?

In what ways could global banking turmoil affect Japan's financial landscape?