As yen weakens, BOJ governor says easing to persist

Too low?? Too high?? You cant make everybody happy!

Bringing the Yen down is the first step in assisting the trade differential that has existed. .............................. However the stimulus boost has to go deeper than that - - --------------------------I agreed with Abe when he stipulated that company's can deduct bonuses they give emplyees bi-annually i n their tax submissions . . . because many companies these past few years had neglect to pay out bonuses. ...................................Couples used the bonuses to buy large items, like appliances, furniture ,etc . . ..............................So that was a smart move - recycle the money back into the economy . . .

It used to be Singapore $15.6 or around this 3 months ago, now its $13.6 for every 1000円. I have loaded up for our next trip to Tokyo.

"the yen could fall too far"

Yes, back to 360 yen to the dollar would be falling too far. How about 140?

Yappari... where do you of all people think those 20 trillion yen will come from? Of course! From the consumption tax raise, yo! Hummm, any economist around to convince us that is a good thing?

Just try to get the yen back to 120 per dollar. That seemed to work well half a decade ago.

360 yen to the dollar? Man, I would be buying yen like crazy right now. I'd also be buying up a lot of car parts. I've kept from buying some nice Cusco parts for my Impreza, cause the yen rate was just terrible.

yes 120-130 mark would be good, few years back exports were good and imports were also priced well.

I do agree a weaker yen will be good for Japan. I still remember way back 70s when dollar was trading ¥365 for US$1. Japan was booming sky high. Business mushrooming. Unemployed were only for the lazy ones. Everyone's faces smiling. Those were the days until US clamped and controlled Japan's economy.

America control Japan's economy? Isn't it generally the other way around?

When Abe fails he will blame the BOJ.

This is why we will stay in a credit crisis if we do not change the economic system: there is more money than we can consume within a generation's time so our kids have to work for what we have consumed before they can consume themselves. Money is a promise instead of a debt <http://gearedeconomy.blogspot.nl/2013/01/geared-economy.html>

weakening of yen is a good thing for japan, its economy is hard hit and exporters have struggled a lot over last few years. This move will be breather for those exporters. this is also important as internal consumption will keep on decreasing due to declining and Ageing population. Ramires - well there are many ways to raise that kind of money, one you already mentioned raising taxes, other by government bonds and most importantly by monetary policy changes like printing more money. Printing more money money will flood market with cheap yen and will increase inflation and hopefully we will reach inflation target of 2%. This is were Abe need BOJ, BOJ is autonomous and does not believe in unreasonable yen printing, that is why there were some differences between Abe and BOJ before the election. As the current Head of BOJ retires in June we can expect Abe to get more aggressive with his policy of yen easing.