Friday, June 21, 2013

”it shall be for food for thee” - FRB vs BOJ


Mt. Fuji and Tokyo Tower


FRB vs BOJ

The fund balance of FRB has reached $2.5 trillion, three times larger than it was before the Lehman Shock.

However, as the nominal GDP of the US is $15 trillion, the balance accounts for just 15%.

On the other hand the Bank of Japan recorded 156 trillion yen of the balance in 2012, while Japan's GDP was a little less than 500 trillion yen ($5.5 trillion).  

So, the US seems to have twice more room than Japan for the limit of financial manipulation to cope with the current financial crisis.  Nonetheless the US dollar is the major key currency in the world.  FRB supply of money to the market must be more strictly controlled.



 Trend of Fund Balance of FRB (unit: billion dollar)


Trend of Gov. Bonds Held by Bank of Japan (unit: 100 million yen)
http://blogs.yahoo.co.jp/yatutade/GALLERY/show_image.html?id=37013178&no=2



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Gen 6:20 Of fowls after their kind, and of cattle after their kind, of every creeping thing of the earth after his kind, two of every sort shall come unto thee, to keep them alive.
Gen 6:21 And take thou unto thee of all food that is eaten, and thou shalt gather it to thee; and it shall be for food for thee, and for them.
Gen 6:22 Thus did Noah; according to all that God commanded him, so did he.