Japan’s QE Harakiri

Japan’s QE Harakiri
A man walks past an electronic stock board of a securities firm in Tokyo, Friday, Oct. 31, 2014. Japan's Nikkei 225 stock average surged 5 percent and the yen slid against the dollar after the Bank of Japan unexpectedly announced new stimulus to boost a flagging economic recovery. AP Photo/Eugene Hoshiko
Valentin Schmid
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Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.