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"Mr. Yen" comes out of Retirement

 
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Author "Mr. Yen" comes out of Retirement
rffrydr
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PostPosted: Mon Dec 04, 2006 10:53 pm    Post subject: "Mr. Yen" comes out of Retirement Reply with quote
Maybe he misses the power:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.NyLSeEdiO4&refer=home
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HenryTo
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PostPosted: Mon Dec 04, 2006 11:12 pm    Post subject: Reply with quote
Yes, considering that he presided over one of Japan's worst economic periods - and that the brutal unwounding of the Yen carry trade occured under HIS watch, maybe it's better for him to not have too much influence on central banking policy after all.

If he could not see it coming in 1998, why does he think he sees it coming now - given that he longer has the connections that he used to?
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