In response to:

Economic Illiterates Debate Monetary Policy

Chris from Kalifornia Wrote: Nov 22, 2012 11:32 AM
When prices are on the upswing I buy fuel quite often to keep my tanks full for less. When they are falling I only fill up with I have to for a long distance drive. To paraphrase the old saying, The Japanese "experts" are throwing bad money after bad. Eventually you get the Wiemar mark.

Japan's grand experiment of decades-long QE coupled with Keynesian foolishness is about to take one last gigantic leap forward before it plunges straight off the cliff into a massive currency crisis.

Please consider the New York Times article A Call for Japan to Take Bolder Monetary Action

For years, proponents of aggressive monetary policy have offered this unusual piece of advice as a way to end Japan’s deflationary slump and invigorate the economy. Print lots of...

Related Tags: Monetary Policy