Dogen Z
aka YOSUQUE
- 23 Apr 2007
- 1,035
- 20
- 48
Kecchi!
Why!? Why did the Bank of Japan do a 10 trillion yen "quantitative easing 'in the broad sense' " when it could have just as easily bought the same amount in outstanding Japanese Government Bonds? Could someone explain, please?
By buying JGB, it could have accomplished 3 things at once: monetize (reduce) some of the huge debt, inject some inflation into the economy, and weaken the yen. But that did not happen. What is BOJ afraid of? Why so timid? Does the word "kecchi" mean something to Gov. Shirakawa? 白川のけっち!
Why!? Why did the Bank of Japan do a 10 trillion yen "quantitative easing 'in the broad sense' " when it could have just as easily bought the same amount in outstanding Japanese Government Bonds? Could someone explain, please?
By buying JGB, it could have accomplished 3 things at once: monetize (reduce) some of the huge debt, inject some inflation into the economy, and weaken the yen. But that did not happen. What is BOJ afraid of? Why so timid? Does the word "kecchi" mean something to Gov. Shirakawa? 白川のけっち!
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