Nine-Point Economic Stabilization Program
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- Princes of the Yen whole source · open book
Ichimada’s views were heard in Washington, which first instructed SCAP (the Supreme Commander for the Allied Powers) to issue a Nine-Point Economic Stabilization Program in December 1948 that recommended tighter monetary and fiscal policies.
chapter: 6. The First Bid for Central Bank Independence
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- Richard Werner author of the source