Mr. Yen likes the yen!

Eisuke Sakakibara was nicknamed "Mr. Yen" when he was Japan's vice minister of finance from 1997 to 1999

He's now a prof. at Aoyama Gakuin University ... and also back in the headlines today

• "Given the condition of the world economy, the Japanese yen will probably go into the range of 115 and 120"
• "When the world economy is in bad condition, the yen tends to appreciate -- yen is considered to be a safe currency"

More at Bloomberg .... if you must.