BOJ may consider easing monetary policy as Fed move spurs yen

Thanks to BOJ & MOF for agreeing and maintaining the super strong Yen, bootlicking the US since the Plaza Accord. The super strong Yen for 25 years regardless of Japan's declining competitiveness has helped hollowed out the manufacturing base and weakened many exporters, some to demise. BOJ & MOF have no backbone. Lack courage; not well done at all bureaucrats. Job prospects of the young are bleak.

USA is going to print tons of money.

Europe is going to print tons of money.

China is going to print tons of money.

Poor Japan doesn't stand a chance. In a few months you'll only be getting fifty yen per dollar. In the grand economic scheme of things, Japan is a minor player. Left behind in the dust.

BOJ should admit to managing the economy like a 3rd world banana republic, then they peg the Yen at 100 to the US$

I don't know who needs to do what but the yen does need to weaken! Or is saying dollar needs to get stronger more accurate?!

BJO must think about printing more Yen for domestic money circulation for business. Don't bring back Yen from overseas and don't not buy back Yen from International banks in overseas. Buy investment property and businesses with Yen in overseas countries. Let International Banks fill up with Japanese Yen in their vault. Within a few months, Japanese Yen will drop to around US$ 1 = 85 JPY.

Japan needs to do the same, print yen! Balance the budget on printed money and watch the yen drop and deflation ease. Japan needs more money in the economy and not less.

Instead of moaning about a strengthening yen, which by the way has actually weakened by around 25% from its high point against the Aussie and Kiwi$ of a couple of years back, they should be availing themselves of the opportunity to import raw materials more cheaply and thereby maintain their competitiveness. Just sit back and watch as Bernanke gets burnt trying to engineer the same kind of printing press led recovery that ruined Weimar Germany and paved the way for you know who. At around 40-50 yen to the US$, it will also become cheap enough to buy what`s left of American manufacturing.

Printing yen does harm Japan. People will get poorer. Is that what you have in your minds?

If you get a lemon, why not making a glass of lemonade? This is actually a great opportunity for Japan to repair internal problems (infrastructures) with strong yen. Do it, you may not have this opportunity again.

oyatoi, good thing you didn't mention the name of the you-know-who who so inflated the DM to finance his military misadventure and other atrocities. That name is taboo.

HelicopterBen hasn't figured out that the first two and a half times he's revved up the printing presses have only further exasperated not only the US economy, but the others as well.

The BOJ seems hellbent to beat the Titanic to the bottom of the sea. Worthless paper.