Board: Bank and Policy Board

board: The Bank of Japan views with regret the fact that the remarks of one of its board members have become a source of misunderstanding, and will see to it that such incident will not repeat itself, the central bank said on Friday, according to The Japan Times. Harada, a member of the bank's nine-member Policy Board, told the seminar that Western policymakers helped bring Hitler to power by being slow to apply John Maynard Keynes' proposals to fight the Great Depression. Yutaka Harada, a member of the central bank's Policy Board, told a seminar on Thursday that Hitler's economic policies had been appropriate and wonderful but had enabled the Nazi dictator to do horrible things to the world. Hitler became German chancellor in 1933. I had no intention at all to justify Hitler's economic policies, the bank quoted Harada as saying. Harada said he had only been trying to express the importance of adopting appropriate economic policies at an early stage. (news.financializer.com). As reported in the news.