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How does this help Japan? The US dollar inflation is like 10%. In what way does 4% yield a better return than the inflation that is happening at 10%? Im sorry, but your math isnt mathing.
Why would the Japanese care about US inflation? JGB rates are 0%. The yen has lost almost 40% of its value against the USD in the past 5 years. 4% USD yeild is fantastic for them.
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