When you have such a big load of debt, you have two choices - raising taxes sharply or creating inflation. The fact that (Abe) delayed a sales tax hike means he took the second route, creating inflation. Takeshi Fujimaki More Quotes by Takeshi Fujimaki More Quotes From Takeshi Fujimaki The BOJ has to keep printing, so the value of the yen should fall. And when that happens, inflation will spike. But the BOJ cannot stop inflation. It no longer has a brake. Takeshi Fujimaki world
