18-12-2012 Flabbergasting Japan !
Source : A2 – G.A.T.A.
Japan plans what some have dubbed a "currency warfare fund" to weaken the yen with a blitz of foreign bond purchases, copying Switzerland’s success in capping the franc.
The effect of Switzerland’s unlimited bond purchases has been to finance most of the eurozone’s budget deficits for the last year with printed money. If Japan tries to do this — with a vastly bigger economy