You are here

Business

Japan Signals That the End Game Has Begun

Japan Signals That the End Game Has Begun

Quietly as an aside in a speech, the Head of the Bank of Japan, Haruhiko Kuroda, confessed that QE has little if any impact on GDP growth.

 

I touched upon this issue previously, but I want to reiterate it here because it is absolutely ASTOUNDING.

 

The Bank of Japan is the global leader for monetary policy. Indeed, it has been experimenting with severe monetary policy for DECADES.

 

The Fed first implemented ZIRP and QE in 2008. The ECB first cut rates to ZIRP in 2014 and implemented QE in 2015.

 

Nestlé Pumps Millions Of Gallons Of Free Water As Flint Pays For Poison

Residents in Flint are being forced to drink and cook with bottled water, yet they are being charged higher rates than almost anywhere in the country for their poisoned water. Meanwhile there is a story about the bottled water industry in Michigan that has mostly gone unnoticed. Less than two hundred miles away, multi-billion dollar corporation Nestle has been pumping millions of gallons out of Lake Michigan for free. They have actually received 13 million dollars in tax breaks to do so.

Pages