THEORIES OF “NIHONDZINRON” IN JAPANESE BILLS

In the near future, the Japanese government plans to put into circulation new-type banknotes with new “faces.” Gradually, such money will supersede the existing banknotes of the 1984 model. An interesting feature of Japan is that the banknotes depict the “nichondzinron” theorists [I], great enlighteners, people who made a huge contribution to the formation of the Japanese worldview during the Meiji period.

Why aren’t banknotes, for example, the first Minister of Finance of this period or the first president of the First National Bank? After all, these people had to re-create the financial system of Japan according to the Western model. “According to the results of the American trip, Deputy Minister of Finance Ito Hirobumi [II] proposed urgent reforms in the financial sphere, namely, to pass a law on the issue of government securities, create modern Continue reading →