So When Comes the Powell Pivot?
Real Vision: Finance & Investing
00:00
China's Ability to Create a Rival to the US Dollar in the Asian Region
The Yen weakness has been at the direct hands of both the Ministry of Finance in Japan and the United States Treasury working in tandem. That is, I think, very important because basically it thwarts China's ability to create a rival to the US dollar in the Asian region. Now we've gone through seven, the chances of hitting 10 are probably even greater. And that may put a big deflationary hit onto the world economy.
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