Washington & Wall Street: Ben Bernanke’s Global Inflation Strategy

The Bank of Japan has embarked on a deliberate act of economic warfare, aimed in part against China and the other nations of Asia. The attack is in the form of expansion of Japan’s money supply and the related decline in the value of the yen, this to boost Japan’s economy. The Japanese are desperate to boost economic activity, albeit by imitating the Fed’s own failed pro-inflation policies....more

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