iBankCoin
Joined Nov 11, 2007
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The Clam Gives Praise to Samurai Abe, Together They Travel to Fantasy Island

I can just see Tattoo saying “Boss de Prane is dropping $…”

“Federal Reserve Chairman Ben S. Bernanke, who offered Japan a prescription for ending deflation as a Fed board member a decade ago, endorsed Prime Minister Shinzo Abe’s efforts to reflate his nation’s economy.

“They should try to get rid of deflation — I support their attempts to get rid of deflation,” Bernanke said at a Senate Banking Committee hearing in Washington yesterday. When asked whether Japan had paid a price for its central bank expanding its balance sheet, he said that “depends on your point of view — the current prime minister thinks they haven’t done enough.” …”

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