BOJ Admits It Has Lost 3 Trillion Yen On Its Equity Purchases Despite Literally Printing Money Out Of Thin Air | Zero Hedge

KW: The U.S.s is now doing the same, printing money to buy shares. This failed practice will lead to more tears as in Japan the printed money has now lost it’s equity value. It is worthless on reflecting the true value of investments

 

Haruhiko Kuroda – who controls Japan’s money printer and yet has managed to accumulate a massive loss on his equity purchases – has got to be the dumbest central banking daytrader to have ever lived.

Source: BOJ Admits It Has Lost 3 Trillion Yen On Its Equity Purchases Despite Literally Printing Money Out Of Thin Air | Zero Hedge

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