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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (65201)	7/4/2006 11:41:33 AM
From: UncleBigs	Read Replies (1) of 110194

A quote recently by Japan politician: “Monetary policy is up to the BoJ, but the bank needs to continue working as one with the government to insure that the economy will not go back into deflation," said LDP Chief Cabinet Secretary Shinzo Abe on July 3rd. "The BOJ needs to continue zero interest rates for the time being to support the economy,” and to keep the yen weak. The world's major central banks want a weak currency and higher asset prices. Their only interest in controlling inflation is to cook up their government statistics and claim inflation expectations are well contained. Will $100 oil get their attention? I thought $70 oil would do it.

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