Nikkei soars over 5% after BOJ easing

Well thank God that everyone I know divested themselves of their personal stocks of the pathetic yen long ago. Today was a great money maker for us and once again I thank the japanese government for delivering us the profits. Hope the yen continues in freefall. But for the japanese economy what future is there?? Absolutely none, hopeless.

Bank of Japan ramped up its vast monetary easing program, sending the yen into freefall.

Yes. What does this tell us?

Did the yen just sell off because of the surprise factor? Or is there something more sinister behind it?

Why don't they just print an additional 2% on top of this latest printing order. That way they won't even have to raise the consumption tax. Ahh, magic pudding economics.

Did the yen just sell off because of the surprise factor? Or is there something more sinister behind it?

Fed announced their QE is basically over so this recent announcement by Kuroda no doubt pushed it into overdrive.

The US has stopped QE, which is basically a way to print money and provide profits for the super rich. Japan instead ramps up QE, which makes the yen weaker with an increased money supply. This hurts average consumers in Japan, since most food and energy is imported, and yet global investors can still have somewhere to go for easy credit to boost their asset portfolios. Well, we know who is winning this class warfare.

Abenomics-the economic art of making money from nothing while 'you' the worker gets paid the same while prices go spiraling upwards......

Yokoso Japan!!!!!