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Bank of Japan to print 13 trillion yen ($146 billion) MONTHLY starting in 2014

The BOJ announced yesterday that it's going to buy about 13 trillion yen worth of Japanese government bonds per month beginning in 2014. At current exchange rates, that's equivalent to about $146 billion....simply unbelievable, I had to double check my math. Like QE4 in the US, this move by the BOJ is open-ended.

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Race to the bottom!

Had to come up with a clever comment because I clicked on this solely to ask why the Japanese are printing dollars (just from the title). LOL

Thnx for the info

LOL, indeed...

...that title was a little confusing I guess, just changed it.

"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."

It was clear

I was just jumping on the opportunity to be a smart a.. ;)