Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

Japan forex reserves hit record high $1.3 tril

Business Dec. 07, 2011 - 03:00PM JST ( 8 )

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MaboDofuIsSpicyDec. 07, 2011 - 02:02PM JST

Bring back the 100 to the dollar so I can sell dollars.
1

TatankaDec. 07, 2011 - 02:59PM JST

To suppress the value of the yen the government is using taxpayer's money (most of who do not work for, or influenced by export-related industries) to make higher profits for the exporting companies, so they can squander away the money like Olympus...
-1

ironchefDec. 07, 2011 - 03:13PM JST

dumb JP govt. spent way too much of our tax money and foolishly bought foreign currency to drive down the yen. brilliant!
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tokyokawasakiDec. 07, 2011 - 03:20PM JST

To suppress the value of the yen the government is using taxpayer's money

No they're not. They are creating money out of thin air (issuing JGB's) and increasing the national debt mountain in order to try and weaken the Yen.
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deepstar6Dec. 07, 2011 - 04:32PM JST

OK now what Mr. finance minister?
-1

globalwatcherDec. 08, 2011 - 12:11AM JST

US Fed will meet on 12/14. Hope there will be no QE3, but many speculators think so. FYI
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Patrick HattmanDec. 08, 2011 - 03:31AM JST

@tokyokawasaki:

They are creating money out of thin air (issuing JGB's) and increasing the national debt mountain

This is true but at least the great majority of Japan's debt is controlled domestically.
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YuriOtaniDec. 08, 2011 - 04:51AM JST

Nothing fails like "success"