"It's the savings rate that kills us. It's the investment rate that saves us."
Aha, so you want to expand the current account deficit further? 6%? 7%? 8%?
"People don't speculate with their houses, because they live in them."
That is not mutually exclusive.
"The Fed has already hinted that it would take a more active stance earlier on to prevent BOJ part deux, and that means loose monetary policy."
Question is if it works. I have a bet running with your friend Spiky - wanna join in?
Aha, so you want to expand the current account deficit further? 6%? 7%? 8%?
"People don't speculate with their houses, because they live in them."
That is not mutually exclusive.
"The Fed has already hinted that it would take a more active stance earlier on to prevent BOJ part deux, and that means loose monetary policy."
Question is if it works. I have a bet running with your friend Spiky - wanna join in?
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