【財政再建から逃げ続ける国】3兆円補正予算、「国債市場に影響ない」は本当か｜国債市中発行額約170兆円が意味するもの｜金利上昇で日銀の「お尻に火が付く」？｜円安インフレは意図的に放置か【河村小百合】

★Please subscribe to our channel and give us a thumbs up!★    / @bungeishunju   "Unsustainable Public Finances" (by Sayuri Kawamura) https://amzn.asia/d/01GK6h5F "The Bank of Japan: The Crisis Facing Our Country" (by Sayuri Kawamura) https://amzn.asia/d/0cy5v13u 〈Program Overview〉 +RONTEN, this episode's theme is "Interest Rate Hikes, Supplementary Budgets... Is Japan's Public Finance Unsustainable?". Our guest is Sayuri Kawamura, Chief Research Fellow at the Japan Research Institute. Ms. Kawamura co-authored "Unsustainable Public Finances" with Ryoji Fujii, published by Kodansha Gendai Shinsho last January. In the book, Japan is described as "a country that continues to run away from fiscal reconstruction," but the Takaichi administration has advocated "responsible expansionary fiscal policy," and just recently, a supplementary budget of 3.1135 trillion yen for fiscal year 2026 was passed. Furthermore, the Takaichi administration announced that it would position a stable decline in the debt-to-GDP ratio as a core objective. The Japanese economy is caught between the situation in Iran and interest rate hikes, but where is this country's finances headed? We asked Ms. Kawamura. Table of Contents 0:00 Opening 0:57 Start 2:18 On the Bank of Japan's Policy Interest Rate Increase 4:01 The Suspension of the Reduction in Government Bond Purchases and its Impact on the Market 12:32 Why Does the Outstanding Balance of Government Bonds Continue to Increase? 15:36 Supplementary Budget Exceeding 3 Trillion Yen 25:26 The Takaichi Administration's Lack of Crisis Regarding the Depreciation of the Yen 38:05 To be continued in Part 2 Guest ・Sayuri Kawamura | Principal Research Fellow, Japan Research Institute Graduated from Kyoto University Faculty of Law in 1988, joined the Bank of Japan. Joined Japan Research Institute, Ltd. in 1991. He became a Senior Research Fellow in 2001, a Senior Senior Research Fellow in 2014, and has held his current position since 2019. His publications include The Bank of Japan: The Crisis Facing Our Country and Unsustainable Public Finance (both published by Kodansha Gendai Shinsho). MC Gen Murai | Editor-in-Chief, Bungei Shunju PLUS Born in Inagi City, Tokyo in 1988. Joined Bungei Shunju Ltd. in April 2011 and was assigned to the "Shukan Bunshun" editorial department. Joined the "Shukan Bunshun" editorial department in July 2015. Became Project Manager for "Shukan Bunshun Digital" in July 2019. Became Desk Editor for "Shukan Bunshun Digital Edition" in July 2021. Became Editor-in-Chief of the Digital Edition in July 2024, and assumed the position of Editor-in-Chief of the video media "Shukan Bunshun PLUS" in December 2024. #FiscalDeficit #FiscalCrisis #SayuriKawamura #SanaeTakaichi #BankofJapan #PrimaryBalance #BungeiShunjuPlus