There Is No Optimal Policy (guest: Cameron Crise)
The Market Huddle
00:00
Whether You Should Subscribe to the Bloomberg Terminal or Not?
The bank of japan has run with an aggressive monetary policy that has passed its selby date. They've adopted yield curve control, a policy where they put a cap on j g blds below fair market price. The secondary impact is running a more or a combinative monetory policy than circumstances merit. This naturally leads to currency depreciation and negative shift in terms of trade.
Play episode from 02:44
Transcript
