The "carry trade."

The "carry trade" is a way to keep the value of your currency low with the mistaken belief that by having a cheap currency, you increase export, This was the practice of Japan and it is responsible for near zero growth in Japan and what has become known as the "lost decade." Japan in fact downsized itself. Its stock market was kept low, its growth had stopped and its population started to implode.

Here is how the carry trade worked. If you were a billionaire, you could borrow Japanese yen and pay a half a percent of interest on it per year. You could then buy into other currencies that paid you a 3-4% interest, pocket the difference and even gain more as the Yen deteriorated. The practice kept the Japanese Yen low in value, syphon out Japanese capital and downsize the Japanese economy and nation.

That is what is in store for us.