BOJ ready to make adjustment if inflation goal threatened

Great news,printing more than 7 trillion yen per month? I cant see any icebergs on the horizon, can you?

"I cant see any icebergs on the horizon, can you?"

Actually, I can't. Deflation persists and Japanese govt bond yields are the world's lowest. What "icebergs" did you have in mind?

I don't think Kuroda-san reads this comment, but solving the disparity of incomes bet. regular and irregular workers will boost demand, and help achieve 2% target.

As I said last year bluntly, prior to Shirakawa's resignation from BOJ post, this goal will not be achievable and it may fail unless Japan is willing to commit itself for aggressive structural reforms and job growth. Shirakawa san and I were on the same page on this. Good luck, Kuroda san.

Icebergs? Psssshaw! Full speed ahead!

globalwatcherNov. 23, 2013 - 10:16AM JST

As I said last year bluntly, prior to Shirakawa's resignation from BOJ post, this goal will not be achievable

You and I both and the only way it will be close to being achievable, is if the Yen crashes to 150 to the dollar and it will all be inflation created on imports, something Kuroda had worded in 1999 and quickly had to retract.

The BOJ is doomed to failure with its artificial inflation policy. See the next change as Japan teeters from bankruptcy and the country credit worthiness downgraded.