Is the Corota Experiment a Good Idea?

The end of the Corota experiment could lead to a much larger healthier Japan export disinflation. It means that we have one of the last few central banks doing quantitative easing coming to an end if that was to happen. The sort of answer is it would lead to quite big selloffs, I think. We see it as potentially a policy mistake on the horizon. Jordan, can we just sit on this just for a moment? What did the FX community get so wrong at the end of September?I don't miss last year at all, John. There's some speculation it could happen as early as next week,. hence we're getting these big Dolly M moves.