finitemonk

BoJ & Oil Price / Exporting Deflation

FX:USDJPY   U.S. Dollar/Japanese Yen
111 0 4
If Mr. Kuroda was serious about pre-empting the risks that slumping oil             prices will pose to consumer inflation , maybe he should stop devaluing the currency.
I'm no economic wizzo but if you persist in devaluing your currency, thus strengthen the dollar, in which oil             is priced, voila ...
One may achieve precisely what you set out to avoid.
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