John Authers Retweeted The Long View@HayekAndKeynes Apr 22 We have witnessed a massive global liquidity impulse over the last 18m: -$200B in monthly QE -200+ rate cuts -huge Chinese fiscal stimulus
Looks like Japan keeps printing like there is no tomorrow? How come we are not complaining about Japan? China? Their Gov just spend and spend but are they also printing?
Japan has no other choice but to keep printing. They're on their last card and have none left to play. If this doesn't work, the country goes into oblivion.