The BoJ Will Own The Entire Free-Float Of Uniqlo Within 3 Years
In the wake of the BoJ's Thursday decision to follow Haruhiko Kuroda further and further into policy Neverland, it's probably worth reminding you about just how surreal the situation has become with regard to the "Tokyo Whale" and its ETF book.
For those who might have missed our most recent posts on this, you're encouraged to check out "Revisiting The 'Tokyo Whale'" and "Bank Of Japan’s ETF Holdings Surge 80% To Cartoonish 16,000,000,000,000 Yen."
In that latter piece we noted that through
The beginning of WW III starts with the exploding of a nuke yen bomb and covers the entire globe in a matter of days. This man is insane and the Japanese people are just as crazy for listening to him. Sound familiar? Gotta love the 21 st century because we may not see the next.
From where does BoJ obtain funds to make these purchases?
ummm. from thin air. they are the central bank.