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"It's obscene what they're talking about doing," says John Maudlin of the new Japanese...

"It's obscene what they're talking about doing," says John Maudlin of the new Japanese government. The BOJ is likely to undertake a level of printing making the Fed and ECB efforts look small. The dollar could become "stronger than anyone imagines," he contends, but given the recent popularity of shorting the yen, he doesn't expect an imminent move.
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Comments (2)
  • ronis100
    , contributor
    Comments (28) | Send Message
     
    john maudlin is? the boj is just trying to correct an extremely overvalued yen. hopefully the world will support japan in this worthy and humble effort.
    18 Dec 2012, 05:36 PM Reply Like
  • Yorick
    , contributor
    Comments (560) | Send Message
     
    Rather than inflating to oblivion why don't they just devalue by say 50% one day and move on...this water torture across all asset classes is painful to watch or invest in.
    20 Dec 2012, 09:41 AM Reply Like
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