6min chapter

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Governor Kuroda: The Decade’s Most Consequential Central Banker

Forward Guidance

CHAPTER

The Most Consequential Central Banker in the Post 2008 Financial Crisis Era?

The Bank of Japan governor Haruiko Kruta is the most consequential central banker in the post 2008 financial crisis era. The B.O.J. leads other major central banks in policy framework by roughly a decade due to its aging demographics and debt levels. Governor Krota has blown the biggest asset bubble of all time with his 500 trillion yen half a quadrillion yen market cornering of the second largest sovereign debt market in the world Japanese government bonds J.Bs put the emotional size aside for a moment, think about the asset class itself.

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