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5min chapter
Governor Kuroda: The Decade’s Most Consequential Central Banker
Forward Guidance
Japan Is Clearly Monetizing Instead of Borrowing Money
Mac Mora: Japan cannot let yields go higher period so did Corona just basically spent his decade at the B.O.J. pumping and 500 trillion yen you know body-walking bubble yeah I guess he did buy like action but did he do it like by kind of conscious choice or says a preference no not in my view he did that out of necessity he did that because of the fiscal side of the government because this would fall on him toobecause he's enabling them. The other thing that could happen that could break the other thing is that Japan is simply unable to pay its bills and Japan defaults - Mac Mora will get into that in a different video.
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