CLSA: “The Bank Of Japan Has Nationalized The Japanese Stock Market”

• Illuminist central banksters create money out of thin air and buy up the world. What a marvellous SCAM. Imagine owning the Japanese stock market with money created out of nothing! And its perfectly legal.
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• CLSA: “The Bank Of Japan Has Nationalized The Japanese Stock Market”
  by Tyler Durden, www.zerohedge.com  
  Following the recent announcement by the BOJ that it would double its ETF purchases to ¥6 trillion, or $58 billion, up from the current ¥3.3 trillion, which is the equivalent to the Fed purchasing $580 billion in ETFs over the next two years, we noted that according to a Bloomberg analysis this would make the Bank of Japan the top shareholder of 55 companies by the end of 2017.
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  It should, therefore, come as no surprise that as CLSA’s NIcholas Smith wrote in a research report, the “BOJ is nationalizing the stock market” because that is precisely what it is doing with every incremental intervention in the stock market.
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