(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)
What you mention about Chinese car exports to Mexico made a huge click in my limited macro-knowledge. I live in Monterrey, N.L., Mexico, and more and more Chinese dealerships are appearing on the main avenues, and much faster than the Hyundai-KIA sisters.
Thank you Arthur! It's a bit boring about the Yen and CNY. Please write about Crypto and Trump and Bitcoin and Ordinals and Runes and how Bitcoin and ETH ETFs will save the USA maybe😆 and the potential scenario of a BRICS Stablecoin backed by Gold and other assets.
"Losing that amount of money is game over for the con job the BOJ runs on yen holders. The BOJ holds only $32.25 billion worth of equity capital. Not even crypto degens trade with as much leverage as the BOJ." I don't get this part -- didn't the BOJ print the money to buy the bonds and the bonds can be thought of as "retired"?
You break my brain, every post.
It's good. I just go to the dog park looking like I've been hit by a coconut.
Great analysis. I look forward to your continuing perspective.
What you mention about Chinese car exports to Mexico made a huge click in my limited macro-knowledge. I live in Monterrey, N.L., Mexico, and more and more Chinese dealerships are appearing on the main avenues, and much faster than the Hyundai-KIA sisters.
Very good reading.
Cheers!
Wow! 💥
I knew a Yen essay was coming when Bad Gurl Yellen made stern comments about BOJs yen intervention.
In theory CB can stomach infinite MtM losses if they hold it until maturity in their books
You are so good, thank you!
"Kyle Davis". I presume you mean Davies. 😀
oh god, selling all my JPY tomorrow
Thank you Arthur! It's a bit boring about the Yen and CNY. Please write about Crypto and Trump and Bitcoin and Ordinals and Runes and how Bitcoin and ETH ETFs will save the USA maybe😆 and the potential scenario of a BRICS Stablecoin backed by Gold and other assets.
I need to dig up my red staples "that was easy" button... Nice job as always Mr Hayes!
I don't understand shit from these articles but I still read them for the paragraph where Bitcoin goes to a milion
thanks
Generated a chart to track JPY/$ and Swaps
https://crons.catenacap.xyz/catenacap_macro/fiat_observe/jjb_dollar_swaps.php (embedable)
Multi- https://ai.catenacap.xyz/?page_id=18617
Brilliant as always. Thanks Arthur!!
"Losing that amount of money is game over for the con job the BOJ runs on yen holders. The BOJ holds only $32.25 billion worth of equity capital. Not even crypto degens trade with as much leverage as the BOJ." I don't get this part -- didn't the BOJ print the money to buy the bonds and the bonds can be thought of as "retired"?