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  1. Maleficent-Cook-3668 on

    Yen also became cheaper by a mile today. The Euro crossed 183 already (cheapest in history).

    No one trusts the Japanese budgetary discipline anymore. And the markets might also believe that Japan (Takaichi) wants to inflate their way out of their debt (while cheapening the yen, and making the average citizen’s lives much worse).

    It’s literally saving the government while sacrificing their own citizens. I never thought Takaichi would try that but here we are.

  2. Pleistarchos on

    This was expected to happen way before Takaichi even got into office. BoJ since July this year, has intervened in its own markets, over 140ish times already. Before it was once maybe twice a month.

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