Exclusive: Bank of Japan may ease again, double price target as government keeps up heat

Comments (5)
OmarMinyawi wrote:

SOME COUNTRIES HOPE FOR A LITTLE INFLATION, OTHERS SUFFER FROM TOO MUCH OF IT.

Jan 09, 2013 12:14am EST  --  Report as abuse
OmarMinyawi wrote:

SOME COUNTRIES HOPE FOR A LITTLE INFLATION, OTHERS SUFFER FROM TOO MUCH OF IT.

Jan 09, 2013 12:14am EST  --  Report as abuse
xinmaoguo wrote:

I don’t think this is good News for us.

Jan 09, 2013 2:41am EST  --  Report as abuse
VonHell wrote:

But there is a difference between inflation during good times and bad times…
During good times there is prosperity… manufacturing does not meet domestic and export demands and prices go up and consumption at the same time… plus imports and exports… there are more jobs than people to work, so wages go up… noone cares about migration because they need people to work, … that time the americans used to call US the “land of opportunities”

And there is the bad inflation: The gov is broken and it starts to print money… so confidence in the money is lost, money devaluates, people need to spend more to buy the same amount of things… they buy less, sales fall, services fall, jobs fall, income falls, all people search for cheap imports from China, etc… gov starts printing more money to pay its debts at the same time people start to spend their fast devaluating savings to live… there is “growth” because more zeros are added to the same needs or less… but the economy is in fact dying…

Deflation in Japan so far was due to US monetary easing=printing money… US dollar lost value…things of daily use in Japan began to cost 50% or twice than in US… so prices had to fall…
And to complete, the japanese companies were in no way globalized, since Japan was an export based economy and by consequence all its industries had to be located mainly in Japan… plus the japanese mentality is slow to adapt to a global economy… so they lost competition to chinese and korean ones… strong yen just made it evident… but globalization began before i was born and the strong yen only 4 years ago…

but now a new phase for Japan… print money…
They only need the BOJ keys… and by the way… they wont link the amount of money to print with “job creation”… because it is obvious that printing money does not create jobs in the long term… otherwise all countries would be rich…

So basicly … prosperity or a broken gov will say if inflation is a good sign for you…

Jan 09, 2013 5:38am EST  --  Report as abuse
Regular wrote:

Japan needs to spend money by lending in other country’s infrastructure projects such as India, Brazil and African nations. That will increase demand for their products. They need to come out of their closet and embrace other countries. So far, except exporting good quality products, they haven’t done much like US did in other needful nations.

Jan 09, 2013 7:24am EST  --  Report as abuse
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