The elites think we are stupid. They are in the main quite correct.
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BOJ's Kuroda warns of side-effects from prolonged ultra-low rates
Bank of Japan Governor Haruhiko Kuroda said on Friday a prolonged low-interest rate environment could have negative effects on the country’s banking system. But he stressed the BOJ’s resolve to maintain its massive stimulus program, and defended its ultra-easy policy as having helped eradicate deflation. “Certainly, a low interest rate situation prevailing for so long a time, including negative interest rates, means that there might be some side-effects on the financial system,” Kuroda said. “We have been carefully monitoring the financial sector and financial markets, So far we have not seen any kind of ... (full story)
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- Jan 24, 2020 7:37am Jan 24, 2020 7:37am
- UKBanter
- | Joined Mar 2017 | Status: Member | 938 Comments
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- Jan 24, 2020 8:15am Jan 24, 2020 8:15am
- afevir
- Joined Feb 2019 | Status: Member | 1224 Comments
Confucius: the man who broke the mountain was the same man who started ...
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- Jan 24, 2020 10:51am Jan 24, 2020 10:51am
- newbietofx
- | Joined May 2013 | Status: Conscious Incompetence | 8 Comments
You're going to pay a price for every bloody thing you do and don't do