Monetary and fiscal policy of Japan
Ok, imagine you have a bunch of toys and candy and your parents give you some rules on how you can use them. That's just like what the government does with money in Japan.
Monetary policy is when the government works with something called the "central bank" to make sure there is enough money in the country. They have to balance it so there isn't too much money around (which can cause inflation) or too little (which can cause people to not have enough money).
The central bank in Japan tries to help out by printing more money, but only a little at a time so it doesn't get out of control. This is like giving you a little bit of candy everyday instead of all at once.
Fiscal policy is when the government decides how to spend their money. For example, they might choose to spend more on schools or hospitals. They might also choose to give people money to help them during tough times.
In Japan, the government has been using both monetary and fiscal policies to try to help the country's economy. They have been printing more money and also spending more on things like infrastructure (like roads and bridges) to stimulate economic growth.
So just like your parents have rules for how you use your toys and candy, the government has rules on how they use money in Japan. They are trying to make sure there is enough money for everyone and to help the economy grow.
Monetary policy is when the government works with something called the "central bank" to make sure there is enough money in the country. They have to balance it so there isn't too much money around (which can cause inflation) or too little (which can cause people to not have enough money).
The central bank in Japan tries to help out by printing more money, but only a little at a time so it doesn't get out of control. This is like giving you a little bit of candy everyday instead of all at once.
Fiscal policy is when the government decides how to spend their money. For example, they might choose to spend more on schools or hospitals. They might also choose to give people money to help them during tough times.
In Japan, the government has been using both monetary and fiscal policies to try to help the country's economy. They have been printing more money and also spending more on things like infrastructure (like roads and bridges) to stimulate economic growth.
So just like your parents have rules for how you use your toys and candy, the government has rules on how they use money in Japan. They are trying to make sure there is enough money for everyone and to help the economy grow.