83 sats \ 3 replies \ @SatsMate 4 Jul \ on: Yen in free fall econ
The Japanese Central Bank will need to do everything they can to defend their currency. I think selling all bonds could be a step in the right direction, but more importantly I think they need to take a position in Bitcoin (5-10%) of their treasury. What other way out is their for Japan?
write
preview
21 sats \ 2 replies \ @TomK OP 4 Jul
Inflate the sh.t out of the yen to reduce debt.
reply
62 sats \ 1 reply \ @john_doe 5 Jul
And then raise taxes to cover the decrease of Government revenue.
reply
21 sats \ 0 replies \ @TomK OP 5 Jul
They did it 5x only this year
reply