This Time Japan Dropped a Bomb on Us - Ep 863
The Peter Schiff Show Podcast
00:00
The Bank of Japan and the Japanese Government
The Bank of Japan announced that they're going to allow the yield on the 10 year JGB to go from 25 basis points to 50 basis points. They also announced an expansion of their quantitative easing program. The problem is if you have higher inflation, you're going to have higher interest rates. And the more yen the Bank of Japan prints to buy JGBs to prevent higher interest rates, the higher the inflation rate is going to rise.
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