The worst job in economics

The new head of the Bank of Japan has the job of unwinding 23 years of QE. Good luck with that!

Like putting the genie back in the bottle :slightly_smiling_face:

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All he has to do is retire the debt just as the FED is doing in good part in the US. It is quicker than adding up the debt.

Japan, the US, Mexico, perhaps the UK if she gets her act together will be industrializing…a great deal more so…in relative terms our economies benefit greatly. Supply side economics had been shattering. The lies and misbeliefs still need mopping up and throwing out.

The issue at the end of the day is the ratio of debt to GDP. Industrializing to a much greater extent means that ratio will drop a great deal.

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