From IBTimes
By Michael Pento
''The worldwide currency debasement war has now entered a new and more
deadly phase. Central banks have escalated the combat plan to bring
about the world's weakest currency for their individual countries. On
the heels of the Federal Reserve and European Central Bank's promises of
unlimited counterfeiting forever, the Bank of Japan announced last week
that it would expand its purchase of Japanese Government Bonds (and
other assets including equities) by 10 trillion Yen. This brings the
latest round of BOJ intervention to a total of 80 trillion Yen!''
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