Yep, that is what Jimmy Carter said after he printed $500B and in 1980 we ended up with a 24% inflation rate.
Yep, Shinzō Abe is a Liberal Democratic and he will trade long term success for a sugar rush Quantitative Easement. Libtards never learn from history.
Japan unlikely to suffer hyper inflation -PM Abe
TOKYO, March 11 | Mon Mar 11, 2013 4:12am EDT
(Reuters)- Japanese Prime Minister Shinzo Abe said on Monday that Japan was unlikely to suffer from hyper inflation as a side effect of aggressive monetary easing and large fiscal spending.
"Some people talk about hyper inflation, but I think it is safe to say it is unlikely. If the two percent price target is exceeded, the Bank of Japan would naturally take steps to keep (inflation) within two percent," Abe told a news conference.
Yes, yes and yes. Japan has had few conservative governments and the Progressives are running their country into the ground.<quoted text>
What's the point of the above? Is it in response to anything I or anyone else wrote?
Oh, btw, did you know that Japan has been in a recession, or downturn, whatever you may want to call it, for over 15 years now? That they've had 15 changes of governments in the last 15 years? Still not too well informed on foreign affairs, are we?
Same as many European countries and it looks like we will become to Europe.
Oh, if it were not for Canada's oil exports, you would be much worse off than you are now. And if we go into anther Little Ice Age, you will starve.