> No you weren't. You created a straw man and then set it on fire.
I just quoted your exact words and you said exactly what I summarized. You're being a bit ridiculous.
It's actually a pretty simple explanation. The market can remain irrational for a long time, and Japan has never had a monetary policy as insane as its current one.
They are going to DOUBLE their money supply in TWO years. I'm not sure that you understand that massively monetizing your debt has consequences.
It's a massive experiment that is going to end badly.
I just quoted your exact words and you said exactly what I summarized. You're being a bit ridiculous.
It's actually a pretty simple explanation. The market can remain irrational for a long time, and Japan has never had a monetary policy as insane as its current one.
They are going to DOUBLE their money supply in TWO years. I'm not sure that you understand that massively monetizing your debt has consequences.
It's a massive experiment that is going to end badly.