Yen May Plummet to Infinity as Policies Diverge, Axel Merk Says

The yen may weaken to “infinity” versus the dollar as central bank policies in Japan and the U.S. diverge, according to Axel Merk of Merk Investments LLC. The Bank of Japan’s unprecedented bond-buying program designed to reach an inflation target of 2 percent in two years, combined with the Fede…

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Yen May Plummet to Infinity as Policies Diverge, Axel Merk Says