BOJ’s Shirai: BOJ will continue easing until 1% inflation is in sight | Forex Factory

  • BOJ’s Shirai: BOJ will continue easing until 1% inflation is in sight

    From forexlive.com

    (In contrast to Abe has called for unlimited easing until inflation reaches 2%) BOJ independence should be maintained Japan’s economic problems will be the same whoever wins forthcoming elections Will continue to pursue other ideas as to what the BOJ can do to overcome Japan’s economic challenges Shares politicians views that Japan’s economy is in a severe state

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mfoste1
Nov 29, 2012 12:32am
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hahaha! hasn't the course of Japans past 20yrs economic history taught them anything? are they really that stupid?
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Subdude
Nov 29, 2012 2:44am
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So first they called for 3%, then 2%, now it's down to 1%? What next - they will settle for 0% as long as there's no deflation?

Bollocks.
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cppolybd
Nov 29, 2012 1:25am
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Maybe this time they will succeed to achieve 1% inflamation.....
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Spreadbetter
Nov 29, 2012 3:17am
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What other options do they have? And yes you could lay that question at the feet of the Fed, ECB and BoE, imagine being that stupid to invoke policies of QE and zirp when the only modern day example is the abject failure of Japan following a similar policy. Yet these are the only tools in the fiat creation, fractional reserve banking system, where all money is brought into existence as debt

Quoting mfoste1
hahaha! hasn't the course of Japans past 20yrs economic history taught them anything? are they really that stupid?
Reply
kashif
Nov 29, 2012 1:37am
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They can ease all they like, however in the end they will only achieve a fraction of the easing that is happening in USA or Europe.
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Spreadbetter
Nov 29, 2012 4:08am
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If that was a deliberate typo then bravo, nicely done ;-)

Quoting cppolybd
Maybe this time they will succeed to achieve 1% inflamation.....
Reply

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