Smartguy-in-sf comments

Posted in: Japan's negative yield bond explained See in context

Japan needs to spark inflation by taking bold and dramatic action!!! The answer is so incredibly simple... I am shocked that nobody as of yet has advocated for this! BOJ needs to take many wheelbarrows full of Japanese governent bonds to a public ceremony and set them on fire!!! The media would broadcast it for the world to see! This bold action, which retires Japanese public debt, is certain to spark the inflation that Japan so badly needs.

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