The Bank of Japan has started selling US Treasuries to prop up the value of the Yen. After signaling last week that they were prepared to take this action, late last night the BOJ followed through when they announced an intervention in foreign exchange markets. This comes at a terrible time for the Federal Reserve and the global financial system as liquidity is draining from US Treasury markets at an alarming rate bringing the world closer to another financial crisis!
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 #BOJ #stockmarket #MelonHead
This the best content I seen in long time clear cut right to the point and explain in a way the average person can understand ????
One advantage of this intervension for Japan is FX gain realization since most of USD position has been piled up while USD/JPY was around 70-90. Approximate gain will be around $300bn which will be a part of national income of yr 2022.
Japan isn't dumping US debt. Why would they lose money on long term bond purchases made years ago. For them to sell and lose millions makes zero sense. If they are letting their bond purchases go to the year of expiry and not renewing their purchases that is different. Speculation needs to stop. Everyone has an opinion, but what is it based on and can it be proven.
Gang, raising Interest rates solely to make money, which is the only reason they do so. Is stealing, price gouging from hell, all along to ever raise. Must keep rates same lowest rate. Only. Feds ridiculous for this fact alone. High incomes for all = healthy business = soaring secure stock markets = permanent surplus. Self respect doesn't agree poverty for others is fact somehow. .Anyway, good report. Just saying.
The end of usa !
Here's some background music to go with the end of the world:
https://youtube.com/channel/UCroxxMqGH1lh7g-EzHxCNCg
Dollar vs Chinese currency. Japan is a just Chinese puppet. Japan sellls when china tells so.
Maybe Chinese order. Because the Japanese government is a Chinese dog , same as other small Asian countries. so they do not decide anything until order comes from China.
Withdraw your money at that bank
Can you blame them???
Wow. . When the whole world do it . The big bang is coming down very fast and the owner of the currency is right at the center of the load
very happy and glad to join this telegram crypto investment platform MAKE MONEY FROM HOME ,because everything went smoothly and accurately confirmed 2btc in my coin switch wallet ???
very happy and glad to join this telegram crypto investment platform MAKE MONEY FROM HOME ,because everything went smoothly and accurately confirmed 2btc in my coin switch wallet ???
just one of many countries who will cause a cascade of selling ?
The fed promised to sell tons, but didn't. I doubt they will now either as well