>>>Japan's currency will never inflate because it's always been that way
Why are you quoting me? I NEVER said this.
In fact, I said the OPPOSITE - inflation is already rising in Japan and it is likely to continue to rise.
It's hyperinflation that I ruled out.
>This is clearly unsustainable
No it isn't. It's been said that it was unsustainable 20 years ago as I said above. This is why the ratings agencies IDIOTICALLY predicted Japanese default in 1997. Cue 20 more years of zero percent interest rates. They were a little bit wrong.
It wasn't unsustainable then which is why it continued for 20 more years. And it's not now either.
Why are you quoting me? I NEVER said this.
In fact, I said the OPPOSITE - inflation is already rising in Japan and it is likely to continue to rise.
It's hyperinflation that I ruled out.
>This is clearly unsustainable
No it isn't. It's been said that it was unsustainable 20 years ago as I said above. This is why the ratings agencies IDIOTICALLY predicted Japanese default in 1997. Cue 20 more years of zero percent interest rates. They were a little bit wrong.
It wasn't unsustainable then which is why it continued for 20 more years. And it's not now either.