Japan Debt `Monetization' Is One or Two Years Away, Diebel Says

The video discusses the Bank of Japan's (BoJ) past and potential future stimulus efforts, highlighting their limited impact on the economy so far. It explores the possibility of innovative actions by the BoJ, such as debt monetization, which could significantly alter investor psychology and economic outcomes. However, it suggests that the BoJ may not be ready for such drastic measures yet, and questions the effectiveness of further purchases.

In what ways could debt monetization change investor psychology according to the speaker?

What is the speaker's perspective on the effectiveness of potential future purchases by the Bank of Japan?