Bank Of Japan’s Batshit Policy Prescriptions Explained In One Short Video

Summarized with a slightly modified quote from the video: "It remains to be seen if this crazy sh*t will work." (Source: Reuters) Here are some summary bullets from Deutsche Bank: 1) Raising the opportunity cost of holding currency (cash) through negative nominal and real interest rates, and bringing future spending forward to the present through the inter-temporal substitution of consumption and investment.  2) Rising actual and expected inflation bring forwa
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