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6min chapter
TIP449: Why the Dollar is the Strengthening to 20 Year Highs W/ Brent Johnson
We Study Billionaires - The Investor’s Podcast Network
The Yuan Is the Most Important Thing That Nobody Was Talking About
The yen is now at one 30 versus the dollar. For a major currency, that's a big move. The bank of japan has had to buy so many of the j g bs to keep interest rates low. And they've basically said, well, this is the point with yildcur control. They have to choose between saving their bond market and saving the yin. Because they can't afford a banking crisis, they've decide them to sacrifice the yen.
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