"Which country is going to be the first one to cross the rubicon, whereby you combine very aggressive monetary and fiscal policies together, stimulating consumption, stimulating investment, stimulating R&D, stimulating education, which one? And the answer is Japan rather than China. But China and the US could be the next ones"
"From my point of view, it all comes down to the US Dollar... And so the question is how do you line up everybody to actually give you reflation on a global basis. And the only way to do it is (with a) lower dollar, lots of liquidity and coordinated fiscal policy. Now at some point in time in the next 12-months or so we're all going to be on the same page. It will be absolute consensus."
Related: Japan Is Approaching Inflection Point; Dollar Strength Could Cause Massive Global Deflationary Wave: Macquarie