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BOJ's tweaks strengthen stimulus' impact, not weaken it: deputy chief

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The BOJ always say that their policies make everything better, and the economy stronger, and that everything is very well planed and there will be always good results.

30 years latter, even thou reality shows nothing like those promises, BOJ continues to do the same promises.

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The BOJ's policies also artificially boost the exchange rate for the yen compared to most other currencies.

In the past six years I've seen it go from par to what's now almost a 20% premium.

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Britain gave up on Asia in 1942. People have long memories. You've made your Brexit dog food now eat it.

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Nice building....

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The BOJ always say that their policies make everything better, and the economy stronger...,

Yes, and the policies have done that. Under the current governor, the Japanese economy has experienced its second longest growth streak in the postwar era, corporate profits hit record highs and there is basically zero joblessness. What's your point?

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“"We are in a difficult situation in terms of achieving 2 percent inflation by fiscal 2020, as it is taking more time than expected for inflation to rise," Amamiya said.”

Try putting the money into the hands of the people and watch that inflation waltz on in!

Is that a helicopter in the distance?

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Yes, and the policies have done that. Under the current governor, the Japanese economy has experienced its second longest growth streak in the postwar era, corporate profits hit record highs and there is basically zero joblessness. What's your point?

GDP is stagnant, Wages are stagnant, Poverty is on the rise...

But yeah, sure, joblessness is down, mostly because the working population is also down, but sure, that doesn't matter.

What? Rich investors on the stock markets are making money, well, I think that's all that matters in an economy.

0 ( +0 / -0 )

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