when the bank of Japan intervenes to prop up the yen that means that they are buying yen
they're buying it with t-bills of which they have an enormous stack, trillions of dollars worth
so they're selling t-bills to buy their own currency, trying to move it from 150 yen to the dollar to 140 yen per dollar
if they sell their t-bills, who buys them? is it a fire sale? because that would push down the value of those bonds which makes interest rates go up
Congress is creating a lot of debt which means lots of t-bills are getting created
what percentage of the market constitutes the bonds that Japan is selling?
help me Lyn Alden, you're my only hope
I've been looking for #Bitcoin skeptics that actually seem to make some sense and I think this guy in this video make some sense at least to the degree that I can't dispute logically every one of his claims right away @lynalden
#Bitcoin prices are pretty good right now because it's at the bottom of this range between 60 and 73 that it's been stuck in for a couple of months
I recommend you buy your ass off