Japan Goes “All In” On Quantitative Easing … Even though the Inventors of QE All Say It Destroys the Economy In the Long-Run

from Washington’s Blog:

Has Japan Just Signed Its Own Death Warrant?

Japan just went all-in on quantitative easing.

Bloomberg reports:

The Bank of Japan’s expansion of record stimulus today may see it buy every new bond the government issues.

The BOJ said it plans to buy 8 trillion to 12 trillion yen ($108 billion) of Japanese government bonds per month under stepped-up stimulus it announced today.

Read More @ WashingtonsBlog.com

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