Isn't Bank of Japan responsible for inflation in the world and loss of jobs in the West due to low int rates?

Question

Extremely low interest rates -->> led to carry trade -->> led to speculative investments -->> led to inflation (globally).

Also depressed yen currency -->> led to boom in japanese exports -->> led to more japanese jobs.

Answer 1

Good question, thats part of the picture, but Bush is the rest of it. I could go on an on but the fact is his policy making is messed up an so he , the war , gas prices, government big spending,his tax laws for the rich, his over seas jobs this country has lost, his lack of diplomacy, What else can I say we need a change an McCain is not the one for the job, it's just more of Bush. Vote Obama if you want change.

Answer 2

wow ha ha, thats like just sticking words together of course not the bank of japan its the strwberrys in india.

[:

Answer 3

No, the Federal Reserve is to blame, which is the Central bank in America. They pulled the dollar off the gold standard and began inflating the dollar to "save" the economy.

Answer 4

What?!?!?  Do you have a site that speaks to this because this is the first time I have ever heard of this.

Answer 5

hard currency doesn't inflate because it's value it stable.  fiat currency has wild swings in value because it is backed by nothing but a thin promise to pay, usually in further inflated fiat currency.  currency debasement is a major factor in inflation.

Answer 6

probably, but bank of america more then likley, is  not far behind.

Answer 7

Sure wish I could get a mortgage from a Japanese bank at 1% interest than the nearly 6% interest I gotta pay from a US bank.

Why can't mortgages be globalized?

Answer 8

Hi, I've studied economics for a few years.

No. The world economy is much more complicated than that.

Answer 9

Uhhhhh........no. Where'd you get that one?