Japan Proposes “Wage Controls” As Abenomics’ Desperation Measure

Thursday, August 4, 2016
By Paul Martin

by Tyler Durden
Aug 4, 2016

“I think it might be necessary to encourage a discussion throughout all ministries about a wage target policy,” Yamamoto told reporters in Tokyo on Thursday morning. The veteran lawmaker, whose formal job description is minister responsible for regional revitalization, has made it clear he won’t be tied down with a narrow focus.

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