Cultish Fervor – Japan Is In QE10 And Is Going Nowhere…(Brace For Impact!)
by Tyler Durden
ZeroHedge.com
09/10/2015
Since the “impossible” global panic in 2008, there have been 10 QE’s in Japan but using the numerical standard which has been applied to the Federal Reserve there may have been as many as 22 or more. What none of those have amounted to is an actual and sustainable economic advance; NONE, no matter how you count them. In very simple fact, the idea that central banks “need” to keep doing them in continuous fashion is quite convincing that at the very least they don’t mean what central bankers think they mean, and perhaps worse that the more they are done and to greater extents the more harm that eventually befalls.
The Rest…HERE
