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It would end up owning enough of the Japanese economy to gladden the heart of Karl Marx
Bank of Japan
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Kuroda signing off on a tightening would be like a sumo champion going on a vegan diet.
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The Topix Index is at its cheapest since Ali decked Foreman on a sticky October night in Zaire all those years ago.
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Central bankers need the intellectual courage to face down hostile forces, just as Gary Cooper’s sheriff took on the gunslingers in Fred Zinnemann’s 1952 film.
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Most satisfying of all, Japan’s government bond market has remained as serene as a zen garden.