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by sampa 781 days ago
Japan monetary policy is a ponzi scheme waiting to crash

been that way for decades

1 comments

Do you have some more info on this, or is this just your opinion ?
their debt is 230% of GDP

when global crisis hits again (pretty soon, I'd say), they will have major problems

for now people (carry traders) are happy to borrow yen for 0% and convert and earn 5% in USD, hence the falling yen

Like the US, Japan's debt is almost entirely to itself, they can print money to get rid of it.

Of course, this won't do the already weak yen any favors.

if only printing money could solve all problems

alas, but people don't like inflation

Japan has been printing money forever, they have a problem with low inflation?

Sorry your comment isn't really lining up with reality.

Trees don't grow to the sky

and there's no perpetuum mobile either