"...politics will constrain the advanced world’s two most activist central banks – the U.S. Federal Reserve and the Bank of Japan – from taking on any more currency-weakening stimulus, even if they want to. They’re already doing a combined $155 billion in bond-buying every month, provoking the ire of critics at home and abroad."
Is he kidding? The so-called "ire" of such critics will seem like the bleating of lambs by comparison with the degree of public rage that will ensue if politicians stand by while the world tips into a delationary depression.
