The Inflation Monster May Devastate Japan First – Ep 801
The Peter Schiff Show Podcast
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The Bank of Japan Is Going to Have to Bite the Bullet and Let Interest Rates Go Up a Lot
Bank of japan has kept interest rates lower than all these other central banks, and they've been one of the main source es of order liquidity. When that all dries up, when yields in japan shoot up to the point where japan is offering the highest rates in the world, it's going to have major ramifications throughout the world. The united states is the most vulnerable nation to a surge in intrustrates. We were able to benefit from the artificially low rates in japan because our rates didn't look that bad in comparison. But when the japanese yields rise above us, that is going to be a huge problem for the us.
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