Temporary Law for Credit Allocation enacted and rescinded

Citations (1)

• Princes of the Yen whole source · open book

  In 1947, the Temporary Law for Credit Allocation moved the Bond Committee (Kisai Kai) to the central bank, putting it in charge of bond issuance. In 1949, the Temporary Law for Credit Allocation was rescinded, and MoF reclaimed oversight of private-sector bond issuance, which was subject to approval by its securities bureau.

  chapter: Notes

  edit

  remove

People

• Richard Werner author of the source

Appears in 3 stories

• Paper money, central banks, and credit creation step 19
• Princes of the Yen: Japan built, bubbled, and broken step 70
• The Bank of Japan's window-guidance machine step 15

Linked events (0)

Details