Kuroda Leapfrogs Bernanke - Doug Noland

`` The more apparent it becomes that monetary measures are not working as prescribed the greater the impetus to just do a whole lot more. Japan has been down this road before - for too long now. And, already, the global inflationist community is busy laying the "intellectual" groundwork for the next phase of this monetary battle. Calls are turning louder for central banks to just purchase government debt and simply "extinguish" it. The nuclear option. ''