“In an article yesterday we suggested that the reason Japan was embarking on a massive attempt at Keynesian-style stimulation was to promote the efficacy of Keynesian economic ‘cures.’ But there is another possibility as well. Perhaps the idea is to start a currency war aimed at least in part at China. Japan is a longtime ally of the US, which defeated it in World War II. It is certainly possible that Japan has allied itself with the US to serve Anglo-American interests in this regard. It is indeed possible to hypothesize that Japan’s current policy is intended to confront China and therefore is being used as a monetary ‘weapon of war.'”
http://www.thedailybell.com/28963/Is-Japans-Devaluation-an-Attack-on-China
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