Comment on The Bank Of Japan Has Finally Decided That The Japanese People Have Suffered Enough

The Bank Of Japan Has Finally Decided That The Japanese People Have Suffered Enough

The Bank of Japan finally determined the Japanese people have suffered enough deflation as punishment for the bubbly 1980s economy. New central bank boss Haruhiko Kuroda announced the BoJ will aim to double the monetary base over two years by purchasing long-term bonds, exceed market expectations. How does this compare to the Fed’s bond-buying program?

 

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