
Marc's Notes:
Japans new Prime Minister Shinzo Abe has decided to wipe out half his citizens wealth in 36 years and he is doing this to help the Japanese economy.
This is no joke. Abe has decided (much like our Central Bank has) to target an inflation rate of 2 % and that doesn’t mean he wants to lower it to 2 % but raise it. Japan has languished over 2 decades in a go-nowhere economy with persistent deflation (falling prices).