Very difficult to understand the pundits. If it was something about particle physics or some distant galaxy we could just shrug our shoulders and carry on but economics affects all of us and the same pundits constantly keep telling us how the world is now a global community so what happens in one country affects everyone. After the severe recession in 2008 the world is recovering. Recovery in the US is weak though still growing but Japan is experiencing deflation. Yet the yen is getting stronger everyday against the dollar. The rate today is 85.99. We are told that the US prints too many dollars but Asian countries like China buy up dollar securities to keep it stronger than it deserves to be in order to increase exports to the US. So Americans should save more and the US should stop printing dollars while the Chinese should spend more while China should allow its currency to strengthen. Why then is Japan unable to print more yens in order to make it weaker than other currencies? The Japanese government's debt is said to be twice the GDP so the government is unable to pump prime the economy by increasing spending. The Bank of Japan, BOJ is holding interest rates at 0.1% and is unable to take further monetary measures. It has tried to stimulate lending by offering loans to banks at low rates of interest but banks are not interested because businesses are unwilling to make any large capital expenses. To me the solution seems simple. The BOJ should print more currency and retire old expensive debts. This would reduce interest payments by reducing debt and inject liquidity into the system which would encourage inflation. Inexplicable.