The BOJ, by demonstrating that aggressive money creation is a legitimate approach to fighting deflation, has broken previously sacrosanct conventions. At the same time, it has taken the unprecedented step of incorporating monetary policy into a comprehensive economic strategy based on coordination among different policy areas and their associated institutions.
日本央行通过证明激进货币创造是对抗通缩的合理方法打破了此前神圣不可侵犯的惯例。与此同时，它还采取了前所未有的动作，让货币政策成为基于不同政策领域和相关机构协调合作的全方位经济战略的一部分。