The urgency to appoint a true deflation fighter at the Bank of Japan is not going to disappear with this report.
More Quotes from Jesper Koll:
Koizumi has made nationalism respectable.Jesper Koll
Fukui is the big business candidate, a trusted hand that will continue to steer Japan on a deflationary course, ... We'll continue to have an accommodative BOJ, not a proactive BOJ.
Jesper Koll
The big issue out there is who's going to take on Godzilla bank, i. e. the Post Office. It can turn into a problem.
Jesper Koll
Strengthening spending patterns are being underpinned by capital expenditure, job creation, and rising wages in Japan.
Jesper Koll
There may be some political pressure that the U.S. no longer wants a strong dollar, but that's not going to prevent Japanese capital from fleeing Japan, because in Japan, money doesn't earn anything.
Jesper Koll
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