If it seems to you that central banks and government leaders have run out of ideas, you're not totally wrong.
Indeed, the latest move by Japan smacks of pure desperation, and it might seem silly if it wasn't already an idea that's been floated before.
In fact, we may yet have the chance to see "helicopter money" and its effects after all.
The whole thing is so sad, it's almost funny. Almost.
But like too many crazy ideas, desperate people may be inclined to try anything...
If it seems to you that central banks and government leaders have run out of ideas, you're not totally wrong.
Indeed, the latest move by Japan smacks of pure desperation, and it might seem silly if it wasn't already an idea that's been floated before.
In fact, we may yet have the chance to see "helicopter money" and its effects after all.
The whole thing is so sad, it's almost funny. Almost.
But like too many crazy ideas, desperate people may be inclined to try anything...
The Bank of Japan is sticking to its policy of fiscal stimulus to try to stoke inflation, and that's rattled markets worldwide.
There are short-term signs of economic recovery such as an increase in consumer spending and in manufacturing.
But longer-term, Money Morning Chief Investment Strategist Keith Fitz-Gerald told CCTV, "there has never been an instance in history where stimulus has worked. So the question really is when, not if, this will break down."
An old Japanese proverb notes "ura niwa ura ga aru" which means the reverse side has a reverse side.
Japanese markets have come a long way in the past 8 months rising an additional 4.94% in wild trading on Monday alone. Yet there are real long-term dangers to all this volatility.
First and foremost, when (not if) Japan collapses it will affect every investor, in every major market, regardless of your exposure to Japan.
Click here to find out what you can do to profit from the maelstrom...
