Japan has been in a stimulus economy since the collapse in the 80s/90s. Their bank has been buying government bonds to normalize the value of the Yen. Interest paid on the bonds is shit right now. People don't want them and without people buying them, there's no cash flowing and the value of the Yen stays flat or drops. The chairman under whom this policy was enacted and continued is stepping down. People don't know what the fuck is going to happen now and speculation is spreading like wild fire as vulture capitalists and other goldman sachs/JP Morganers are lubing their dicks to fuck investors on both sides as they'll be the only ones making money as the economy of Japan tanks and rises again.
edit: at least this is what I come to understand from doing more reading.
Since 2016, Japan offered negative to no interest on bonds, and Japanese people sacrifice by paying it. Why? Because Japan is an ethnostate and the money is used to subsidize the welfare state. So Japanese people are basically doing charity for their fellow Japanese by buying these bonds.
Recently, Japan actually increased the interest on these bonds slightly into positive rates for the 1st time since 2016. This caused a market reaction as traders sensing weakness began pressuring the bonds to go higher. Japan is now applying pressure in the other direction.
From the looks of things, big banks are going to drive it down to make money off fucking the Yen, like they always do. Ask Soros about England in the early 90s.
Japan has been in a stimulus economy since the collapse in the 80s/90s. Their bank has been buying government bonds to normalize the value of the Yen. Interest paid on the bonds is shit right now. People don't want them and without people buying them, there's no cash flowing and the value of the Yen stays flat or drops. The chairman under whom this policy was enacted and continued is stepping down. People don't know what the fuck is going to happen now and speculation is spreading like wild fire as vulture capitalists and other goldman sachs/JP Morganers are lubing their dicks to fuck investors on both sides as they'll be the only ones making money as the economy of Japan tanks and rises again.
edit: at least this is what I come to understand from doing more reading.
Since 2016, Japan offered negative to no interest on bonds, and Japanese people sacrifice by paying it. Why? Because Japan is an ethnostate and the money is used to subsidize the welfare state. So Japanese people are basically doing charity for their fellow Japanese by buying these bonds.
Recently, Japan actually increased the interest on these bonds slightly into positive rates for the 1st time since 2016. This caused a market reaction as traders sensing weakness began pressuring the bonds to go higher. Japan is now applying pressure in the other direction.
What does this mean? Will the yen fall more, or will it appreciate?
From the looks of things, big banks are going to drive it down to make money off fucking the Yen, like they always do. Ask Soros about England in the early 90s.
Floating currency was a mistake fuck Nixon.
That type of currency was implemented in the US a long time before Nixon.
It was under Nixon that the gold standard was officially abandoned.