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If interest rates were allowed to rise, it would not be too long until interest-rate expenses consumed an unmanageable portion of your tax revenues, therefore, it is clear to me, at least, that the BOJ and the Ministry of Finance will not allow interest rates to rise.

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Reuters 9 years ago
John Mauldin

John Mauldin

John Mauldin is the son of two-time Pulitzer Prize-winning editorial cartoonist Bill Mauldin.

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    "John Mauldin Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 21 Nov. 2024. <https://www.quotes.net/citizen-quote/26263>.

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