Innovations save time, our most valuable resource. But technologies should be in the service of people, and not the other way round. They are a means to an end, and not an end in themselves. Technology alone is not able to solve major economic challenges: it cannot set priorities or make decisions on spending or investment.
Since the autumn of 2010, the Bank of Japan has started to purchase various assets, including risk assets such as CP, corporate bonds, exchange traded funds (ETFs), and Japan real estate investment trusts (J-REITs), under the comprehensive monetary easing framework.