His economy contracting, currency strong, and bond yields near 1%, BOJ Gov. Shirakawa's biggest...

|By:, SA News Editor

His economy contracting, currency strong, and bond yields near 1%, BOJ Gov. Shirakawa's biggest worry is higher prices. Of the central bank underwriting government borrowing, he says, "there may be no problems at first, but it would lead to a limitless expansion of currency issuance (and) spur sharp inflation."