Japan's Finance Minister Katayama raised an important point about the interdependence between fiscal reform and economic growth. Without robust economic expansion, structural fiscal adjustments become increasingly difficult to implement effectively. This perspective matters beyond traditional markets—it shapes the broader economic environment that influences risk appetite in digital assets. When governments prioritize growth-oriented policies, liquidity tends to expand across multiple asset classes. Conversely, restrictive fiscal measures amid weak growth often create deflationary pressures that reverberate through global markets. For crypto participants, understanding these macro narratives helps contextualize why certain periods see capital flowing into risk assets versus safe havens. Japan's economic trajectory, given its significant market influence, remains a barometer worth monitoring.