Japan's FX intervention could cut debt, not just burn reserves (Brad Setser)

About Brad Setser

Brad W. Setser is an American economist. He is a former Counselor to the U.S. Trade Representative, Deputy Assistant Secretary of the U.S. Treasury, and Director of International Economics for the U.S. National Economic Council and National Security Council. He currently serves as senior fellow for international economics at the Council on Foreign Relations. He was previously the Director of Global Research at Roubini Global Economics Monitor where he co-authored the book Bailouts or Bail-ins? w...