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Collateral Scarcity Explains Japanese Yen's Fall [Ep. 285, Eurodollar University]

Eurodollar University

00:00

Ripo Fals and the Carry Trade

Jeffrey Toobin: I got too excited about my loss in translation, ah allusion or reference, and i did the audience a disservice. We should go back, jeff, and explain why there is a correlation between these ripo fals and the yen. And you explained that in your article at real clear markets, which was posted on the second of september, 20 22. The title is, it's not just the japanese who can't afford to wait for the inevitable truth. And you remind us of the carry trade an the article. But very briefly, the carry trade is not the carry trade. It's really essentially the idea that japanese banks

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