Terrible idea that erodes fx intervention power at the same risk with higher risks of credibility damage.
Weird-Action7638 on
Another Japanese band aid solution, a financial trickery again just like yield curve control which already faltering due to high inflation given the amount of huge unsustainable debt already. I say Good Luck. Instead of moving towards renewable and nuclear energy, they’re still doubling down on oil.
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Terrible idea that erodes fx intervention power at the same risk with higher risks of credibility damage.
Another Japanese band aid solution, a financial trickery again just like yield curve control which already faltering due to high inflation given the amount of huge unsustainable debt already. I say Good Luck. Instead of moving towards renewable and nuclear energy, they’re still doubling down on oil.