Yellen & Kuroda Live In A “Fantasy Fiat World Divorced From Actual Business Conduct”
by Tyler Durden
ZeroHedge.com
10/22/2015
Given what the Japanese have been subjected to in the past two and a half years of QQE, it is nearly criminal to suggest they need only more of it. None of it has worked as promised and stated, so what might have changed? Absolutely nothing except the arrangement of qualifiers and excuses that litter the same shared central bank speech delivered over and over of late. Kuroda says “robust”, Yellen proclaims “strong”, and both only confirm they live not of this world’s economy.
The Rest…HERE
