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Bank of Japan Institutes Stock Purchase Plan

Agreed...these are short term band-aids that are never permanent fixes unfortunately.

Thanks for reading and posting, guys. I appreciate it.


On Feb 05 01:53 AM constructe wrote:

> Between these actions and sovereign funds, I really wonder how free
> market the International market really is. In Asia, what often boosts
> the market short term is announcements that the government is using
> funds to buy up huge swaths of local stocks to support their economy.
> At this rate, the US will be doing similar things too. What a tragedy.

Bank of Japan Institutes Stock Purchase Plan

Yeah, it usually helps in the short term...but I agree, that in the long term...this stuff never pans out. Agreed.


On Feb 04 04:50 PM John Polomny wrote:

> Wow what a wonderful wealth creating tool the Japanese have discovered.
> The Central bank just prints currency and buys shares of private
> companies and everybody benefits. How come it took several hundred
> years for governments to think of this free lunch? Sarcasm aside,
> this is just more nonsense that will not work. The way the worlds
> central banks are all intent on debasing their currencies should
> give pause to anyone who wants to bash gold as a store of value.