IPFS News Link • Economy - International
The Bank Of Japan Is Taking QE To A Whole New Level
• http://www.businessinsider.com, Walter Kurtz"There are also other various measures, although the BOJ must also be mindful of the drawbacks."
According to Credit Suisse, the BOJ's balance sheet as a proportion of the nation's GDP will far outstrip that of the other major central banks (excluding the SNB) within the next two years. This is uncharted territory - nothing of this magnitude has been tried before in a developed economy. As a result, dollar/yen is at 99 (the yen is down some 25% over the past 6 months) and Japan's stock market just hit a 5-year high.