42 sats \ 4 replies \ @siggy47 24 Apr \ on: Destruction of purchasing power: a celebration at the central banks bitcoin
Off topic, Tom, but do you see the yen now? 154.95? BOJ has to intervene now, no?
Normally, the Bank of Japan would have to sell US government bonds very soon in order to increase its dollar holdings and then support the dollar. This means that the interest rate spread to the eurozone would widen massively. I am curious to see whether the ECB will then collect these usts
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Support the Yen, of course... the Cretan sun is burning my brain on ECB directory board level
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