Abenomics Must Avoid Becoming Bubblenomics

Move over Mr. Yen, you have officially been eclipsed by Shinzo Abe. This will come as devastating news to Eisuke Sakakibara, the former Ministry of Finance official who revels in the media attention he receives for his ability to influence exchange rates. Hence the "Mr. Yen" moniker.

Without spending a single yen intervening, Prime Minister Abe weakened the currency by 13 percent in just three months and delighted executives around the nation. With savvy public relations and bit of unexpected panache, Abe is keeping the world of currency trading on its toes and grabbing Sakakibara's title.