Japan Is About To Dump US Debt to Save The Yen!

1 year ago
86

The Central Bank of Japan yesteday performed a "foreign exchange check" signaling their intent to dump their vast holdings of US Government Debt in an effort to prop up the rapidly collapsing Japanese Yen. Besides the fact that this won't work, it comes at an absolutely terrible time for the United States!

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/

The Ledger Nano X: My favorite Hardware Wallet for Cold Storage of Crypto Assets: https://shop.ledger.com/?r=23974ce6def9

Recomended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#Japan #bondmarket #liquidity #Yen

Loading comments...