All central banks are crooked Ponzi schemes, but Japan’s makes that of the United States look relatively virtuous. True Japanese prosperity ended in the late 1980s. Since then, it’s just been a Kabuki theatre of increasingly laughable nonsense, with the central bank thrust into the humiliating farce of being the country’s only customer for its bonds and actively gobbling up equities which are, under a harsh eye, actually worthless.

As such, the Japanese Yen is beginning to resemble toilet paper, as even the pathetic U.S. dollar looks positively Herculean in comparison. I suspect strength will beget strength.