"Deflation won't be eradicated unless the BOJ sets a clear price-stability target of around 2 percent and eliminates deflationary expectations with relentless monetary easing."
-Haruhiko Kuroda Japan's new central bank chief
From here...
http://www.reuters.com/article/2013/03/ ... BF20130320
New BOJ Chief is Advocate of Monetary "Shock and Awe"
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Ad Orientem
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New BOJ Chief is Advocate of Monetary "Shock and Awe"
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MachineGhost
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Re: New BOJ Chief is Advocate of Monetary "Shock and Awe"
Isn't that what they been trying for 20 years? They need to learn a new trick.
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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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Ad Orientem
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Re: New BOJ Chief is Advocate of Monetary "Shock and Awe"
According to the article the BOJ has been way too timid.
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