- Registration time
- Last login
- Online time
- 1223 Hour
- Reading permission
Abenomics is nothing but the Mortgage Crisis of 2008 extended to all sectors of the Japanese economy, based as it is on inflation of the economy by the wanton creation of fiat currency, that cheapens Japanese products in both the international and domestic markets, paid for with a reduction the purchasing power of the savings of the Japanese public. There is no free lunch, like Abe's men project their program to be like. When the purchasing power of the Japanese public further drops as a result of engineered inflation, the savers who are also the workers, will earn less than what they are being robbed of, i.e., the purchasing power of their savings. The best way to illustrate this is when the boss gives discount coupons to customers to generate business, paid out of the pension funds of the employees.|
Normally, this should have been paid for by the Japanese public.
However, with the Chinese central bank PBOC committing a national harakiri in revaluing the Yuan upwards, seemingly unilaterally, while the Japanese central bank BOJ is devaluing the Yen, this cost of reflation of the Japanese economy is being borne by the CHINESE MANUFACTURING SECTOR, which is being made to sacrifice either its profit margins or its international and domestic market share - TO BENEFIT JAPAN.