Mutiny At The Bank Of Japan: Board Member Warns Of “Dire Consequences”

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Mutiny At The BoJ: Board Member Warns Of “Dire Consequences” (ZeroHedge, March 5, 2015):

The BoJ’s Takahide Kiuchi warns of “dire consequences” if the central bank continues to blatantly disregard the “side effects” of QE and also expresses skepticism about the ability of further asset purchases to boost inflation, going so far as to suggest that the BoJ’s prediction of 2% inflation by mid-2016 is nothing more than a fairytale.

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