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How so? The yen isn't even close to USD as a reserve currency and yet their central bank has about a 95% asset balance to gdp ratio compared to the US that has
by mrep 6y ago
How so? The yen isn't even close to USD as a reserve currency and yet their central bank has about a 95% asset balance to gdp ratio compared to the US that has about a 33% asset balance to gdp ratio [0, 1].
[0]: https://www.swfinstitute.org/fund-rankings/central-bank https://www.swfinstitute.org/fund-rankings/central-bank
[1]: https://graphics.reuters.com/GLOBAL-CENTRALBANKS/010041ZQ4B7/index.html https://graphics.reuters.com/GLOBAL-CENTRALBANKS/010041ZQ4B7...
- starbugs 6y agoWell, Japan actually has potent production assets and exports a lot?