◎The Bank of Japan (government) has finally intervened in the foreign exchange market! Two interventions amounted to 8 trillion yen, so three or four more interventions will amount to 15 trillion yen, for a total of about 23 trillion yen! The abnormally weak yen is undoubtedly the side effect of the reckless "unprecedented monetary easing" that has continued for over 10 years! In the first place, the inflation rate had been stable at 0.5% to 1.0%...! Monetary policy has set a target of a core inflation rate of 2%, but this does not seem right to me! Moreover, the current inflation is driven by the weak yen and soaring import prices, and cannot be called core inflation due to a lack of growth factors, etc.! The government debt of 1,270 trillion yen and the outstanding balance of government bonds held by the Bank of Japan of 590 trillion yen are so humiliating...!
◎日銀（政府）がついに為替介入！ 2回の介入で8兆円、あと3～4回で15兆円、合計23兆円くらいになる！ 異常な円安は10年以上も続く無謀な「異次元緩和」の副作用に違いない！ そもそもインフレ率は0.5～1.0％で安定していたのに…！ 金融政策はコアインフレ率2％を目標に掲げているが、どうも納得できない！ しかも現状のインフレは円安と輸入物価高騰によるもので、成長要因不足などコアインフレとは言えない！ 政府債務1,270兆円、日銀保有国債残高590兆円は屈辱的すぎる…！
◎The Bank of Japan (government) has finally intervened in the foreign exchange market! Two interventions amounted to 8 trillion yen, so three or four more interventions will amount to 15 trillion yen, for a total of about 23 trillion yen! The abnormally weak yen is undoubtedly the side effect of the reckless "unprecedented monetary easing" that has continued for over 10 years! In the first place, the inflation rate had been stable at 0.5% to 1.0%...! Monetary policy has set a target of a core inflation rate of 2%, but this does not seem right to me! Moreover, the current inflation is driven by the weak yen and soaring import prices, and cannot be called core inflation due to a lack of growth factors, etc.! The government debt of 1,270 trillion yen and the outstanding balance of government bonds held by the Bank of Japan of 590 trillion yen are so humiliating...!
◎日銀（政府）がついに為替介入！ 2回の介入で8兆円、あと3～4回で15兆円、合計23兆円くらいになる！ 異常な円安は10年以上も続く無謀な「異次元緩和」の副作用に違いない！ そもそもインフレ率は0.5～1.0％で安定していたのに…！ 金融政策はコアインフレ率2％を目標に掲げているが、どうも納得できない！ しかも現状のインフレは円安と輸入物価高騰によるもので、成長要因不足などコアインフレとは言えない！ 政府債務1,270兆円、日銀保有国債残高590兆円は屈辱的すぎる…！