Quote from Grandluxe:
I just read that in the last 2 decades, Japanese central bank executed a total of 26 QE's in the attempt to get out of its long recession.
just FYI.
Can we get to Dow 80,000? this is not a joke.
Quote from kashirin:
Japanese were very careful not destabilize financial market
nothing like 600 bln
their QE were 50 bln as most.
still bankrupted the country and put it into the ZIRP trap
but it took them 20 years
Basically that didn't work so Fed decided it's still good idea but they need much more to make it work
so Fed bankrupted the country in just 2 years