#数字货币市场回调 $BTC $ZEC $DOGE

Japan has also started a "Government Efficiency Department"! This is really interesting.

On December 2nd, the Japanese government officially launched the domestic version of the "Ministry of Government Efficiency." The first meeting went straight to the point – cutting down on inefficient tax and subsidy projects. They set themselves a small goal: to save over 20 trillion yen each year, with at least a 15% improvement in public spending efficiency.

Finance Minister Katayama Satsuki spoke quite frankly, stating that Japan's government debt has soared to 260% of GDP, and if the expenditure structure is not optimized soon, it will be unsustainable. He emphasized that this time, the public should get involved to identify administrative waste and ensure that money is spent wisely. This statement indeed sounds different from those of previous governments. "This concerns the trust in the nation, currency, and markets," Katayama Satsuki added.

More importantly, the Japanese government and central bank have surprisingly reached a consensus on economic assessment this time - the growth path for the next three years has been planned, with an average annual growth target set at 1.8%. Economic Growth Strategy Minister Shigeo Ueno also came out to express support, stating that he will coordinate to push for at least 10 supporting reforms.

To be honest, Japan's recent actions are quite subtle in timing. The global market is focused on the fiscal policies of various countries, and the cryptocurrency market is also undergoing a period of adjustment. Will such a sweeping reform bring new variables to the market? It is worth observing.