Japanese Monetary Policy = Insanity

After 20 years of trying to fight deflation, and 10 or 11 rounds of Quantitative Easing, now Japan is trying the same thing again and expecting a different result.

Aside from proving that they are insane, it also proves that the widely accepted theory (rising money supply = rising prices and falling currency) doesn’t work.

http://www.zerohedge.com/news/2013-01-22/market-fades-open-yended-monetization