11/06/2014 - Japan Committed To Financial Repression

curwar“Whether or not BoJ governor Haruhiko Kuroda’s ‘shock and awe’ will provide the necessary uplift to the economy remains to be seen but he has certainly committed himself to ‘financial repression’ more than any other nation. Furthermore, with the Fed ending its QE program, Japan is at the forefront of leading the currency wars.”
– Sean Darby, strategist at investment bank Jefferies

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