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Kuroda Ruined His Chance Of A Second Term By Doing "Stupid Things", Abe Advisor Says

It was one thing when Wall Street slammed Haruhiko Kuroda, and the BOJ, for the latest "QQE with Yield Curve Control" monetary contraption unveiled last month by the Japanese central bank as a "disaster", coupled with such dire forecasts "it may be over for the BOJ." But when politicians such Nobuyuki Nakahara, a close advisor to Japan's prime minister on the economy and an intellectual father of the Bank of Japan’s first run at quantitative easing in 2001, say that "Kuroda has ruined his chances of getting a second full term", things start to get serious for everyone's favorite monetary policy Peter Pan.
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