21 sats \ 2 replies \ @siggy47 26 Oct 2023 \ parent \ on: Why the US Dollar is Surging Against the Japanese Yen bitcoin
The above quotes were taken from this article:
https://www.reuters.com/markets/europe/what-are-consequences-yens-fall-20-year-low-2022-06-10/
Good find. Interesting that last year they were already questioning whether Japan has enough foreign assets to intervene effectively in the fall of the yen.
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I have great difficulty wrapping my head around Japan. I try to get a handle on it, but it's a deep rabbit hole. It's amazing to me that the economy is still afloat. But, from what I read, it's unravelling now.
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