The next crisis: central bank losing control

[phantom_opera]

With Kuroda prints double amount of yen in 2y

would Japan become first central bank to lose control of their currency??

http://www.bloomberg.com/news/2013-04-05/soros-joins-gross-in-warning-kuroda-plan-risks-yen-rout.html

30y later, when u look back:

2008-201x - the era of central bank controlling the market
201x - ? - the era of central bank losing control??
20xx - ? - total collapse of world financial system or hyperinflation??

Watch the 100yen /USD level very carefully

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/04/Price%20fixing_0.jpg

:scared-1:

[phantom_opera]

http://farm9.staticflickr.com/8367/8524131884_9a2d6077ed_n.jpg

[lajia]

yes they will lose control in what they can do with so much money as what they do become ineffective....by then, they will give you free money! they dont know what else they can do...:scared-5: :2cents:

Still, region with limited land will be safe. it is still safest to hold property, in places where land is scarce...
With Kuroda prints double amount of yen in 2y

would Japan become first central bank to lose control of their currency??

http://www.bloomberg.com/news/2013-04-05/soros-joins-gross-in-warning-kuroda-plan-risks-yen-rout.html

30y later, when u look back:

2008-201x - the era of central bank controlling the market
201x - ? - the era of central bank losing control??

Watch the 100yen /USD level very carefully

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/04/Price%20fixing_0.jpg

:scared-1:

[DC33_2008]

Back to the days of banana notes. :eek:
yes they will lose control in what they can do with so much money as what they do become ineffective....by then, they will give you free money! they dont know what else they can do...:scared-5: :2cents:

Still, region with limited land will be safe. it is still safest to hold property, in places where land is scarce...

[indomie]

The continuation of this madness will only destroy the world economy through high inflation and perhaps even hyperinflation. Currency debasement transfers wealth from the poor and middle classes to the rich, especially the big banks. Those who have access to the money first are able to buy tangible assets like shares and property before the effects of the money-printing filter to the rest of the population. By the time the new money reaches ordinary people, the only thing they see is inflation and lower purchasing power.

http://www.republicbroadcasting.org/index.php?cmd=columnists.article&articleID=566

[princess_morbucks]

The continuation of this madness will only destroy the world economy through high inflation and perhaps even hyperinflation. Currency debasement transfers wealth from the poor and middle classes to the rich, especially the big banks. Those who have access to the money first are able to buy tangible assets like shares and property before the effects of the money-printing filter to the rest of the population. By the time the new money reaches ordinary people, the only thing they see is inflation and lower purchasing power.

http://www.republicbroadcasting.org/index.php?cmd=columnists.article&articleID=566

So the moral of the story is to buy property when you can afford it to ward off inflation?

[indomie]

So the moral of the story is to buy property when you can afford it to ward off inflation?
But of course must bear in mind that "market can remain irrational longer than we can remain solvent".

[leesg123]

Is share "tangible"? Just like money, is digital.

Best tangible are precious metals and properties and commodities.
The continuation of this madness will only destroy the world economy through high inflation and perhaps even hyperinflation. Currency debasement transfers wealth from the poor and middle classes to the rich, especially the big banks. Those who have access to the money first are able to buy tangible assets like shares and property before the effects of the money-printing filter to the rest of the population. By the time the new money reaches ordinary people, the only thing they see is inflation and lower purchasing power.

http://www.republicbroadcasting.org/index.php?cmd=columnists.article&articleID=566

[CCR]

In a high inflation environment woulsnt banks raise interest rates and hence property prices drop?

[kane]

But of course must bear in mind that "market can remain irrational longer than we can remain solvent".

And it can be irrationally bullish or irrationally bearish.

[Iamderek]

The continuation of this madness will only destroy the world economy through high inflation and perhaps even hyperinflation. Currency debasement transfers wealth from the poor and middle classes to the rich, especially the big banks. Those who have access to the money first are able to buy tangible assets like shares and property before the effects of the money-printing filter to the rest of the population. By the time the new money reaches ordinary people, the only thing they see is inflation and lower purchasing power.

http://www.republicbroadcasting.org/index.php?cmd=columnists.article&articleID=566

Historically this has always ended in a violent revolution. This time is different?

[mcmlxxvi]

will we see the day when USD is transacted in bags n bags load just to buy fish, somewhat like a certain country start with Z currency....?

will money lose its value?

will we barter trade assets like stocks n shares and properties instead?

[phantom_opera]

Historically this has always ended in a violent revolution. This time is different?

u need a sizable country to affect the world's economy, so far Arab Spring & Cyprus only has negligible effect

Spain/Italy should be big enough to at least cause a 30% correction

However, I also see a frightening trend i.e. central bank is becoming more daring, US prints say x% of GDP, Japan will print 2x% of GDP, next someone will print 3x% of GDP ... one day just one day :scared-1: