* As expected, this reckless "Quantitative Easing" (2001–2006) triggered a credit crunch by commercial banks, leading to the great decline of Japan, which was once the world's second-largest economy, accounting for 10% of global GDP.
* The traitorous BoJ and Ministry of Finance bureaucrats, those inept graduates of the University of Tokyo infected with Marxist communism, are indeed financial terrorists—the very definition of "incorrigible outlaws who might explode at any moment."
* In August 2010, 2008 Nobel laureate economist Paul Krugman criticized the traitorous BoJ officials for allowing deflation to persist, stating they "should be shot."
* Yet, as of June 2026, these inept, Marxist-infected University of Tokyo graduates at the BoJ and the Ministry of Finance show no sign of repentance whatsoever.
* On the June 23, 2026 (Tue) episode of BS Fuji’s "Prime News," a garbage economist from the Dai-ichi Life Research Institute (Toshihiro Nagahama) gave a flighty analysis, claiming that "hardly any overseas investors doubt that the Japanese economy has finally escaped the 'lost 30 years' of Heisei deflation."
* This garbage economist from the Dai-ichi Life Research Institute, much like the "menu costs" propagated by the band of con artists and pseudo-economists calling themselves "New Keynesians," justified the BoJ’s rate hikes by invoking the concept of the "neutral interest rate"—a term already debunked as nonsense by multiple generative AIs.
* In reality, the effect of domestic rate hikes—which triggers an inflow of foreign capital, accelerates inflation, and simultaneously suppresses corporate wage hikes, thereby inducing stagflation—is far more severe than any benefit gained from controlling "inflation expectations" (look at the U.S. economy in 2022).
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* As expected, this reckless "Quantitative Easing" (2001–2006) triggered a credit crunch by commercial banks, leading to the great decline of Japan, which was once the world's second-largest economy, accounting for 10% of global GDP.
https://gyazo.com/0f22588048100db5017f2a66cdb02d47
* The traitorous BoJ and Ministry of Finance bureaucrats, those inept graduates of the University of Tokyo infected with Marxist communism, are indeed financial terrorists—the very definition of "incorrigible outlaws who might explode at any moment."
* In August 2010, 2008 Nobel laureate economist Paul Krugman criticized the traitorous BoJ officials for allowing deflation to persist, stating they "should be shot."
* Yet, as of June 2026, these inept, Marxist-infected University of Tokyo graduates at the BoJ and the Ministry of Finance show no sign of repentance whatsoever.
https://gyazo.com/bec84d55221895e1c65666ead51742dd
* On the June 23, 2026 (Tue) episode of BS Fuji’s "Prime News," a garbage economist from the Dai-ichi Life Research Institute (Toshihiro Nagahama) gave a flighty analysis, claiming that "hardly any overseas investors doubt that the Japanese economy has finally escaped the 'lost 30 years' of Heisei deflation."
* This garbage economist from the Dai-ichi Life Research Institute, much like the "menu costs" propagated by the band of con artists and pseudo-economists calling themselves "New Keynesians," justified the BoJ’s rate hikes by invoking the concept of the "neutral interest rate"—a term already debunked as nonsense by multiple generative AIs.
* In reality, the effect of domestic rate hikes—which triggers an inflow of foreign capital, accelerates inflation, and simultaneously suppresses corporate wage hikes, thereby inducing stagflation—is far more severe than any benefit gained from controlling "inflation expectations" (look at the U.S. economy in 2022).
https://gyazo.com/231d6eda04550f8107c9db7ede63a9d8