SOROS: 'What Japan Is Doing Is Quite Dangerous'
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Legendary investor George Soros is in Hong Kong for the INET conference.
He took a few minutes to speak with CNBC's Bernie Lo.
"Reports say you made a billion dollar shorting the yen," Lo said. "What are you trying to do? Break the Bank of Japan?"
"I think the Bank of Japan is eager to have people do that," joked Soros.
On Thursday, the BoJ's Haruhiko Kuroda announced extremely aggressive monetary policy, an effort to stimulate Japan's stagnant economy.
"It is a sensation because he broke some of the monetary taboos," said Soros about Kuroda. "It's a very daring undertaking."
He continued by discussing how to fight deflation.
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