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Japan's Chief Cabinet Secretary indicates that the BOJ will not be pressed for another round of...

Japan's Chief Cabinet Secretary indicates that the BOJ will not be pressed for another round of QE. Yoshito Sengoku says Japan's proximity to low-cost economies in Asia is the reason for deflation. He does not believe "printing money" will be effective, but instead would bring dangerous "side effects."
Comments (2)
  • Furioso
    , contributor
    Comments (25) | Send Message
     
    After 20 years, someone in Japan finally realizes that printing money isn't effective. Brilliant.
    14 Dec 2010, 12:20 PM Reply Like
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    The Bernank just broke out in hives
    14 Dec 2010, 12:26 PM Reply Like
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