BOJ's total assets were 20% of Japan's total equity market in 7/2007.
It’s now 108%.
During that time:
Gold in JPY rallied 130% and stocks were barely up.
The Fed is in BOJ's 2007 position, but US stocks are absurdly more overvalued.
Buy gold & sell stocks. pic.twitter.com/CtDIj5PIkj
— Otavio (Tavi) Costa (@TaviCosta) April 26, 2020
Fed has 30% of the economy on its balance sheet and the federal government has 120% of gdp in debt and 1,000% in unfunded liabilities. If you destroy your currency trying to avoid 1930’s you’ll eventually wind up back in the 1330’s. That won’t be this guys problem he’ll be dead t.co/Kf6hpEOcrM
— hks55 (@hks55) April 25, 2020