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Bank of Japan Sacrifices Yen To Keep JGB Ponzi Scheme Going.
#Japan #YEN #BOJ #JGB #bonds #YCC #dollar #hyperinflation #gold #stockmarket #fiatcurrency #inflation
Today we will look at the Bank of Japan's decision to keep interest rates negative and also keep printing yens in order to keep bond yields capped.
The side effect of this policy will be continued yen weakness not just against the dollar and other fiat currencies but versus gold.
Our conclusion is that the Japanese currency's days are numbered as hyperinflation sets in.
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