Cinderella's Evil Step Sisters Burn In Bonfire Of Vanities

Finally, the main media has noticed that Japan has real inflation. I have proven in the past the only bar to inflation in Japan was to drop wages and squeeze workers to death. The workforce paid 100% the costs of inflation. The dying dollar is about to take a deeper plunge into the murky depths. The Japanese exporters want us to take on more debts so we buy more Japanese stuff. But this is killing the dollar. Evil Kerviel is still in the news. The panic of last week is wearing off but the banking collapse continues after this major hit. The Fed wants to stop this cascade of insolvencies via cheaper debts and this will fail just as it failed in Japan a decade ago.

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