Japan Has Begun Selling This US Asset In An Effort To Bring Down The US Economy | Peter Schiff
Japan Has Begun Selling This US Asset In An Effort To Bring Down The US Economy | Peter Schiff
Subscribe now: https://www.youtube.com/@investocast
►In this video, Peter Schiff discusses the potential for Japan to sell its $1.3 trillion in US treasuries in order to combat inflation in Japan. He explains that by selling the treasuries, Japan could take the dollars it receives and exchange them for Japanese yen, which would increase the value of the yen and help bring down prices, especially for imports. The Japanese government could then take those yen and buy back Japanese government bonds from the Bank of Japan, effectively retiring the debt and decreasing the money supply in Japan, which would fight inflation. However, this solution would have negative consequences for the US, as it would cause further inflation and make the US's own economic problems worse. Schiff also mentions that the Bank of Japan has recently joined the tightening party, meaning that it is withdrawing Japanese liquidity which has been propping up global markets and may cause assets that have been supported by that liquidity to sink. He criticizes the pursuit of a 2% inflation target by the Japanese government, known as Abenomics, and warns that attempts to fine-tune inflation can lead to overshooting and ultimately result in high inflation that is difficult to bring back down
►If you found this video helpful, please consider sharing it with your friends. If you want to see more videos like this, you may want to consider subscribing to the channel.
► Special Thanks & Credit to:
Peter Schiff :
https://www.youtube.com/c/peterschiff
Disclaimer: This video is for educational and entertainment purposes only. I am not a financial adviser. Please do your own research and consult with a professional before making any investment decisions.
-----------------------------------------------
#Peterschiff #peterschiffgold #peterschiff2023 #investing #finance #motivation #stockmarket #realestate #financialeducation #housingmarket #foodshortage #risingenergyprices #brics #bricscurrency #federalreserve #sambankmanfried #ftx
-
4:41:10
Tundra Gaming Live
13 hours agoThe Worlds Worst Horror Streamer Has Heart Attack Playing Phasmophobia
64.3K8 -
1:38:24
JoBlo Originals
10 hours agoFriday Night Flicks!
66.9K9 -
5:09:20
Nerdrotic
14 hours agoAgatha All Along Geyest Show EVER! Rings of Power Girl POWER! - Friday Night Tights #320 Jonny Law
131K42 -
1:18:43
Edge of Wonder
11 hours agoPager Explosions: How Technology Can Be Used Against Us
73K21 -
8:19:47
Akademiks
17 hours agoDiddy Arrest Footage LEAKED! Police Say He's ON S*ICIDE watch after Being Locked up in MDC BROOKLYN
195K107 -
11:44:20
Total Horse Channel
21 hours ago2024 WDAA World Championship Show | Friday | Arena One
72.9K1 -
4:16
The Worlds Funniest Animals
12 hours agoAnimals Gone Wild Compilation
57.3K19 -
2:22:56
WeAreChange
14 hours agoDiddy Will Get EPSTEINED?! The Power Brokers Are LOSING IT
105K59 -
1:56:20
Twins Pod
1 day agoWar Hero or War Criminal? | Twins Pod - Episode 31 - Eddie Gallagher
123K28 -
2:00:23
2 MIKES LIVE
17 hours ago2 MIKES LIVE #119 Open Mike Friday!
35.6K1