Bill Blain: What The BOJ Just Did Is “Recipe For Disaster”
by Tyler Durden
ZeroHedge.com
Sep 21, 2016
“I rather suspect the horrible truth will soon be out. The last 7 years of extreme monetary experimentation has created a mutant economy… where the only beneficiaries have been holders of financial assets. Investors have been loath to invest in real plant, infrastructure or jobs because the returns look so limited by artificially low rates.”
The Rest…HERE