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Interesting, thanks for sharing that graph. The thing is, though: the Japanese government isn't trying to debase the Yen because of their high debt. The reason
by nhaehnle 12y ago
Interesting, thanks for sharing that graph.
The thing is, though: the Japanese government isn't trying to debase the Yen because of their high debt. The reason they're trying to debase the Yen is to encourage growth via exports. Somebody has still been buying plenty of Japanese government debt all those last years. It would be interesting to know who.