Plunging y-o-y rate of change in Japanese monetary base

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Submitted by adad on December 15, 2006 - 1:29am

Some interesting facts in this article I thought my fellow Piggingtonians might find interesting: www.gold-eagle.com/gold_digest_05/ci1202...

Here's my favorite chart from the article:

Plunging y-o-y rate of change in Japanese monetary base: http://www.gold-eagle.com/gold_digest_05/ci120206.html

From the article: "To suggest that the year over year rate of change in the Japanese monetary base has plunged is an understatement. There’s no precedent for this anywhere in the last three and one half decades at least. Tangentially, as we’ve mentioned when discussing this subject in prior missives, every single time the year over year rate of change in the Japanese monetary base has experienced a sudden decline of magnitude in the past, it has been right in front of all official US recessions since 1970. Every single one. Whether that’s to come ahead is another story."

‹ Tax Consumption. not income or wealth China Rising, US Falling ? ›

So that's what they meant
Submitted by powayseller on December 16, 2006 - 8:03am.

So that's what they meant with eliminating the carry trade? Wow, thanks for the graph.

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