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Boj doesn't have the world's reserve currency. Japanese culture allows it as the citizens buy the debt along with large institutions. The whole world owns us
by grandridge 7y ago
Boj doesn't have the world's reserve currency. Japanese culture allows it as the citizens buy the debt along with large institutions. The whole world owns us debt and base their notion of wealth on it. The us is not a nation of savers The two are not the same