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Moon,
Nov 08 23:50 pm
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All Comments by Old Trader »Bernanke: Same Old Play Book [View article]
Unfortunately, you're correct in pointing out the differences between the US and Japan's experience with zirp.
On Nov 08 10:55 PM Moon Kil Woong wrote:
> I see no difference between Greenspan and Bernanke aside from the
> fact that Bernanke seems even more economically accommodating towards
> fast, free, easy money. To that, I'd say we will be at zirp until
> our economic hell freezes over similarly to Japan but without the
> thrifty population, positive trade surplus, and social safety net
> Japan had going into their lost decades.