NEW YORK, July 19 (Reuters) – Bank of Japan Governor
Haruhiko Kuroda on Friday denounced an economic philosophy that
encourages the use of government spending as a primary policy
tool to boost employment.
Speaking on a panel at an academic conference in New York,
Kuroda said he disagrees with Modern Monetary Theory (MMT). He
did not discuss his economic or monetary policy outlook
(Reporting by Trevor Hunnicutt
Editing by Tom Brown)
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