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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Hawkmoon who wrote (4008)	6/5/2001 4:32:37 PM
From: Raymond Duray	Read Replies (1) of 33421

Monetization of Japan's Public Debt Hi Hawkmoon, You say: But a monetization of the Japan's debt will require a devaluation of their currency, and thus the value of Japanese savings. What is the mechanism that you see for this monetization? Classic seiniorage or some new variant on devaluing the Yen? TIA, Ray

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