BOJ Watch: Are the Policies Actually Working?

Eric Lonergan, blogger and editor at Philosophy of Money and author of “Money: The Art of Living,” discusses the Bank of Japan’s policy decision, the bank’s ability to surprise markets and what could come out of the meeting. He speaks to Bloomberg’s Joe Weisenthal, Scarlet Fu and Matt Miller on “Bloomberg Markets.” (Source: Bloomberg)

About The Author

Eric Lonergan is a macro hedge fund manager, economist, and writer. His most recent book is Supercharge Me, co-authored with Corinne Sawers. He is also author of the international bestseller, Angrynomics, co-written with Mark Blyth, and published by Agenda. It was listed on the Financial Times must reads for Summer 2020. Prior to Angrynomics, he has written Money (2nd ed) published by Routledge. He has written for Foreign AffairsThe Financial Times, and The Economist. He also advises governments and policymakers. He first advocated expanding the tools of central banks to including cash transfers to households in the Financial Times in 2002. In December 2008, he advocated the policy as the most efficient way out of recession post-financial crisis, contributing to a growing debate over the need for ‘helicopter money’.