I believe that, if our monetary policy improves overall economic activity, it will encourage firms to change their behavior premised on deflation and take positive initiatives toward making active investment and raising productivity further.11  Japan has experienced stagnation and deflation for a long time. The Bank of Japan aims at achieving price stability, thereby contributing to the sound development of the national economy.
From now on, when a children's book is written, I would prefer not to see a phrase such as "it is a very difficult place to live because there has been a decades-long stagnation." Thank you for your attention. 11  There are arguments that the stabilization of the macroeconomy in the short term affects economic growth in the long term.