The Inflation Target Is Not The BOJ's Real Target

(Source: Twitter)

In Japan there is only one real buyer of JGBs at these levels… the BOJ. Perhaps in order to hide the fact that the BOJ is monetising its deficit, policymakers have created a social media influencing cyber-pet to convince the population that everyone is a willing buyer.

Original source
https://seekingalpha.com/article/4252028-inflation-target-bojs-real-target?source=feed_all_articles

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