Comments by "007 JMK" (@fujigoko007) on "The Wall Street Journal" channel.

  1. According to Keynes's theory, it is right to maintain productive capacity through large amounts of domestic debt. This allows us to care for tens of millions of elderly people and look after 1.6 million deaths.
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  2. The amount of energy generated from gasoline and diesel oil will be replaced with the amount of electricity generated. Charging equipment that boosts the voltage to several hundred volts will be available across the country. Replace lithium batteries every few years. If these problems cannot be resolved, soaring electricity and resource prices, charging congestion, and waste pollution will occur.
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  3. Cash is the correct way to make the reality that money is a liability of the central bank. A cashless society is abstract and not suitable for an aging society. Japan is a country prone to natural disasters, and the risk is always real. A cashless society does not suit Japan.
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