The difference of [rough seas Example] investment and speculation

The purpose of abenomics is, is allowed to escape the Japanese economy from deflation, should was to return to the growth path. I think a lot of voters have supported the Liberal Democratic Party and the Abe administration for that. However, we have at stake is very much deflation recently. Of April to overemphasis the supply side is referred to as consumption tax hike is referred to as a "growth strategy", just policies that exacerbate the deflation is noticeable. If you go in this state, it is expected that a large negative impact on the Japanese economy than the consumption tax hike in 1997. Abenomics the hell, where I wonder whether crazy. Hideo Mr. Tamura of Sankei Shimbun "The main aim of the new growth strategy of Shinzo Abe Cabinet is a bottom-up stock," he says. Abenomics is I have imperceptibly becomes "Kabunomikusu". http://www.zakzak.co.jp/economy/ecn-news/news/20140627/ecn1406271140002-n1.htm Attention to Higashida Mr. Tsuyoshi also the same thing, "barometer of abenomics is neither in national income in Koakoa CPI even real wages also in the unemployment rate, growth rate without even, is above all so I stock prices" and, how Abe administration of policy we have to point out that it's putting the cart before the horse. http://www.mitsuhashitakaaki.net/2014/06/11/korekiyo-100/ And when asked "What's wrong with the aim of high stock", the private school student If the answer of Mitsuhashi economy cram school will see. The first place abenomics supposed deflation was purpose, I was a "correct deflation measures" package called "monetary policy + fiscal policy". Given the "Keynesian", the cause of deflation is a lack of aggregate demand, the solution is to fill the deflationary gap by fiscal stimulus with the appropriate monetary policy. However abenomics, although has implemented monetary easing to say "Kuroda bazooka", public spending has become dispensing. A result, although the monetary base has increased, the majority are not turning to lending banks. http://ameblo.jp/takaakimitsuhashi/entry-11878883813.html Bank of Japan is deflation to be creating demand also was paid the money break away it will become to also dream of a dream. Here, referred to as "aggregate demand" is the last story of the "real economy", it is not a story of conduct such as equity investment, "financial economy". Even if the Bank of Japan is how much monetary easing, if not flow the funds to the real economy, not filled the deflationary gap. And, what fiscal stimulus is, I mechanism to flow the money that has been paid by monetary easing to the real economy. Equity investments, is the story of the financial economy, does not mean buying and selling of goods and services is carried out directly even if the buying and selling of stocks, assets over to another investor from investors, only the owner changes . The majority of stock trading, saying the capital gains, you benefit from appreciation of the stock price objectives. Of course, who profitable on the stock market might be to buy goods and services, such "wealth effect" it is reality it is still limited. In addition, transactions for the purpose of capital gains it called "speculation". Although stock prices or increased by the transaction, such as buying and selling of stock, does not mean a new goods and services as described above is produced and purchase. Because there is no consumption of goods and services is that national income is not born. In other words, by "speculative trading", society does not become rich. Stock investors were profitable in the buying and selling of you will want to feel like a rich but, instead of a new value-added has been produced, does not mean national income has increased. Keynes in the "general theory", "consumption" and "investment" has claimed that he create jobs and income. Keynes referred to as "investment" is that, such as capital investment and infrastructure development. The sum of this consumption and investment's the "aggregate demand". When the total demand is insufficient economy deteriorates, it will take deflationary pressures in the national economy. After the collapse of the bubble of the Japanese economy during the 1980s, consumption and investment slowdown, after the consumption tax hike of 1997, it was plunged into a full-fledged deflationary recession. What policy to increase the total demand is I most need, but unfortunately policy makers are not necessarily the Keynesian. In other words, bureaucracy also politicians experts also, it is not necessarily the cause of deflationary recession admits's lack of aggregate demand. Abenomics is referred to as "monetary policy + fiscal policy", the "Keynesian" deflation measures have been incorporated. Now finally, the Japanese economy will outgrow deflation It thinks and whether national income will be again increase, imperceptibly due to "the next move" due to the "investment" has been neglected "third arrow," "speculation" is biased It has become so. Chapter 12 Keynes is "general theory", it says as follows. If there is a steady stream of "business, can have speculators as a froth on top there is no harm that. But if more of the business becomes froth in a large vortex of speculation, the position is something serious. There When the capital development of the country is turned into a by-product of the casino activities, the work will be a probably bad can. "(http://genpaku.org/generaltheory/general12.html) "Growth strategy" in the Abe administration, if the rise in stock prices is aim, I will be like Japan's economic growth was totally committed to the "Casino". You might share price rises. And it might even go up it in the administration of the support rate. However, it by really recover the Japanese economy, the return to growth path, does not mean people become rich. Come to policy makers, we hope to switch I would like you to listen to the Keynes of words.