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Retirees and their pensions are being sacrificed for what now passes as "the greater good." ZIRP has created a massive problem for retirement savers and pension fund managers. NIRP will make their problem worse.

In an era when central bankers are supposed to be more open, collaborative, and communicative, why did the SNB decide to turn on a dime and shock the markets?

Japan is not going to stop QE next year or the year after or the year after that. This is not Zimbabwe printing money. Japan is important to the global economy - what they do affects everything.

We've seen this movie before.Bubbles happen regularly - but why are we seeing so many bubbles now?