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I never oncee compared them:) I said that the large spread between the dollar and Yen benefits hedge funds. And I also said that low interest rates makes it h
by chollida1 11y ago
I never oncee compared them:)
I said that the large spread between the dollar and Yen benefits hedge funds. And I also said that low interest rates makes it harder for the average person to save.
I stand by both those comments. I don't think you need to be rude or to try and twist my words, just to try and refute a point no one was making;)
- minimax 11y agoThe rate difference only benefits hedge funds if USDJPY also plays along. That trade has fx risk and you're making it sound like a sure thing. If USDJPY goes the wrong way, the trade loses money and the average joe whose savings account is roughly flat looks pretty smart (in relative terms).
- deleted 11y ago[deleted]