pull down to refresh

42 sats \ 4 replies \ @siggy47 24 Apr 2024 \ on: Destruction of purchasing power: a celebration at the central banks bitcoin

Off topic, Tom, but do you see the yen now? 154.95? BOJ has to intervene now, no?

write
preview
54 sats \ 1 reply \ @GhostofTruth OP 24 Apr 2024

Normally, the Bank of Japan would have to sell US government bonds very soon in order to increase its dollar holdings and then support the dollar. This means that the interest rate spread to the eurozone would widen massively. I am curious to see whether the ECB will then collect these usts

reply
0 sats \ 0 replies \ @GhostofTruth OP 24 Apr 2024

Support the Yen, of course... the Cretan sun is burning my brain on ECB directory board level

https://m.stacker.news/27989

reply
0 sats \ 1 reply \ @Satosora 24 Apr 2024

What do you mean?

reply
0 sats \ 0 replies \ @siggy47 24 Apr 2024

Is the question for me or Tom?

reply