Bank of Japan Board Member Praised Hitler’s Economic Policies

BOJ

Yutaka Harada, a board member of the Japanese Central Bank said Adolf Hitler had some great decisions regarding the economy during his governing. He also said that these decisions enabled the Nazi dictator to do “horrible” things to the world.

Harada said Hitler took “wonderful” fiscal and monetary stimulus steps, these had led to World War II as his power was strengthened and enabled him to execute the most outrageous genocide, the Holocaust. The Japanese board member said that the western policy makers at that time did not react fast enough to the Great Depression and to Keynes’ proposals to fight it and in their behavior they helped Hitler to become so powerful.
“Because Hitler had taken appropriate fiscal and monetary policy steps, tragedy resulted. What I’m saying is that someone should have taken appropriate fiscal and monetary policy steps before Hitler did” Harada said.

The Central Bank of Japan refused to comment.

Although Japan was an ally of Germany and Italy during World War II, Holocaust denial and Neo-Nazi movements are not common in Japan. Evidence for supporting the Nazi regime were very rare while public figures who were part of the Axis powers had some controversial comments.

 

Source: Israel Hayom

Image: Reuters

By: Yael Soffer

 

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