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>> BANK OF JAPAN Latest News

MAR 13, 2014 - Zero Hedge

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Japan's Misery at 33 Year High… Because of Inflation

Yesterday, we warned that the Fed was playing a dangerous game with inflation. Today, we want to take note that the Fed is in fact just one of the Central Banks doing this. Indeed, in Japan inflation has already begun to take off, driven by the Bank of Japan’s $1.4 trillion QE program. Bloomberg notes that inflation has weakened the yen by 6.8% in the past 12 months… and the cost of living in Japan is now at a five year high. We’ve highlighted the critical parts in the below article for your review. The misery index, which adds the jobless rate to the level of inflation, ... Read More

Tags: Japan's Misery at 33 Year High… Because of Inflation,  Bank Of Japan Latest News