Kyle Bass och Zero Hedge sammanfattar BOJ’s senaste beslut bäst. Landet är insolvent. Detta är ett stort experiment!
“they are essentially doubling the monetary base by the end of 2104.”
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For a sense of the scale of the BoJ’s ‘experimentation’, Bass sums it up perfectly (and concerningly), “the BoJ is monetizing at a rate around 75% of the Fed on an economy that is one-third the size of the US!”
Mer från Zero Hedge
zerohedge.com/news/2013-04-04/boj-unveils-shock-and-awe-quantitative-qualitative-easing
zerohedge.com/contributed/2013-04-04/japan-has-shown-us-way-our-own-monetary-disaster
Zero Hedge