Check out this article to see what Bloomberg has to say about the Bank of Japan and the FED. Stimulus seems to be the hot topic on the minds of both Bernanke and the Bank of Japan's new BOJ director, Haruhiko Kuroda.
The world central banks (FED, European Central Bank, Bank of England) are more or less doing the same thing to increase stimulus and control their currency values. Now Japan is finally implementing similar strategies. The Bank of Japan is trying to increase the money supply by printing money and buying reserves. This video is a great follow up to the article and explains how the Bank of Japan is working to increase their money supply.
What do you think of Japan's decision? What type of monetary policies would you like to see in the near future? Is an increase in money supply a sustainable solution to stimulus?
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