3 ms·

Japan monetary policy is a ponzi scheme waiting to crash been that way for decades

• bamboozled 2y ago
  Do you have some more info on this, or is this just your opinion ?
  • sampa 2y ago
    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
    • resolutebat 2y ago
      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.
      • sampa 2y ago
        if only printing money could solve all problems alas, but people don't like inflation
        • bamboozled 2y ago
          Japan has been printing money forever, they have a problem with low inflation? Sorry your comment isn't really lining up with reality.
          • sampa 2y ago
            Trees don't grow to the sky and there's no perpetuum mobile either