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  • BoJ Deputy Gov Nominee Wakatabe: Impossible To Deploy Exit Strategy Before 2 Pct Inflation Met

Banks get the inflation wrong.
Inflation target is not fixed , it varies depending on context, technology.
Currently it is 1% and they will have to print money forever for their 2%.
so the reason that the currency got strong due to Kuroda was all for nothing....They have so many people saying different on the japan front. its a joke that JPY getting stronger today. even after the statment.
Quoting kingleeny
so the reason that the currency got strong due to Kuroda was all for nothing....They have so many people saying different on the japan front. its a joke that JPY getting stronger today. even after the statment.
Check how much the M2 money supply has changed in the US and Japan in the last 10 years.
Explains everything.
Yeah?! Well.. you know, that's just like.. your opinion man! - Big Lebowski
Quoting Yuri57
{quote} Check how much the M2 money supply has changed in the US and Japan in the last 10 years. Explains everything.
yes and your point being? Japan is also one of the deficit riden countries...so what is that your saying?
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yen is perceived as safe currency, in spite of high borrowing. Every time there is uncertainty, money flows into yen. Currently turbulence in Trump WH and treat of tariff wars is the reason IMO.
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  • Story Stats
  • Posted: Mar 5, 2018 12:57am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 5  /  Views: 2,720