Where exactly do you think the JCB is getting that money? Its a form of QE whether you want to acknowledge it is or not. The rest of the world&#x27;s economists agree<p>The BoJ’s most obvious easing option is more asset purchases. Despite the doubts of some market participants, BoJ officials do not think there is any practical obstacle to buying faster than the current pace of Y80tn a year.
It could also expand the scope of purchases to assets such as local government debt, buy longer-term securities, as the US Federal Reserve did under Operation Twist, or — particularly likely given recent market falls — buy more exchange traded funds tracking the Japanese stock market.
“We expect the BoJ will do more of the same — increasing the pace of purchases and buying more ETFs,” says Kiichi Murashima, a Citigroup analyst.&quot;<p><a href="http:&#x2F;&#x2F;www.ft.com&#x2F;intl&#x2F;cms&#x2F;s&#x2F;0&#x2F;d0867f3a-6b24-11e5-aca9-d87542bf8673.html#axzz3rsZQ3UVY" rel="nofollow">http:&#x2F;&#x2F;www.ft.com&#x2F;intl&#x2F;cms&#x2F;s&#x2F;0&#x2F;d0867f3a-6b24-11e5-aca9-d8754...</a>