BOJ says monetary base soars to record on new QE scheme | Reuters

Bank of Japan

Bank of Japan (Photo credit: mjaniec)

Русский: Bank of Japan

Русский: Bank of Japan (Photo credit: Wikipedia)

Japan

Japan (Photo credit: Yashar.Mans)

This is an interesting story published by Reuters and worth a read. Check it out!

BOJ says monetary base soars to record on new QE scheme | Reuters.

After over ten years of unnecessary pain, Japan has seen the light and the Bank of Japan is following an aggressive strategy of quantitative easing.

Let’s hope that the ECB sees the light today, and Europe is not forced to an unnecessary ten years of pain, like Japan.

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