13 sats \ 0 replies \ @TomK OP 11 Jul \ parent \ on: Japan intervenes in the currency market econ
first of all, Japan has a lot of firepower in the form of American government bonds at the central bank. in principle, it is of course possible that the central banks and start acting in a coordinated manner and devalue their fiat currencies at the same pace. then the game can go on for quite some time