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comment by kleinbl00
kleinbl00  ·  3044 days ago  ·  link  ·    ·  parent  ·  post: Helicopter Money: Why Some Economists Are Talking About Dropping Money From the Sky

Missing from this analysis is the technical shitstorm that ensues when Japan inflates, driving down the yen compared to other currencies, making Japanese manufacturing viable again and sparking a currency war the likes of which hasn't been seen since Bretton Woods.