After the US and Japan joined forces, it was effective for a time, but the yen is now weak again, returning to above 157. Naturally, everyone is asking why the US would step in to save the yen. It turns out that if the yen falls any further, the government would have to sell off a massive amount of US treasuries to buy yen. They are essentially trying to take advantage of the situation. Well, there is analysis from others that if the yen raises interest rates, it will lose 使用它的手法是一件事的手法 而是一件事的手法 而是一件事的手法 MASTER 你认为你的意义上这个 MASTER the main reason the US intervened in the yen was to successfully and indirectly prevent Japan from selling US treasuries to save the yen because during the last wave when the yen broke past 160 the Japanese government spent 74 billion US dollars right and that 74 billion came from selling US treasuries um hum so what the US fears most right now is people selling US treasuries because the US government itself has issues with its own debt and what happens if they sell US treasuries US bond yields go up 一次這些影響升,它會發生的大量大量的財產, 已經是40億億美元的財產, 所以他們要防止日本的財產財產財產財產財產, 而是一種一日的金錢是用日本的金錢用美金金錢 為美國政府的金錢 在很短的金錢 這就是一種稍後的一切 這程式是要訪 currency speculators 可能會嘗試的一日的情況 不太簡單 因為美國的金錢 所以如果你賣金錢 你會失去所有的錢 用这个方法转异的一年来, 从163或164或157或155。 但它是回到157现在。 所以它会有效果。 下一次, 美国会再次回应, 它会被回应, 它会被回应, 因为, 因為它與日本的協議是單純地 不買日元 然後 不買日元 不買日元 然後 然後 我們該做什麼? 然後 然後 我會把你的錢 用它來買日元 我會借給你錢,所以這個模式可能用一兩次,但之後就無效了,因為現在 be used once or twice after that it won't be effective it's ineffective now because what is the core problem if the bank of japan doesn't raise interest rates the interest rate spread remains the biggest issue for the yen the spread between it and the u.s dollar is around three percent many japanese people are basically selling yen to buy dollars right in japan i borrow money at only a 1% interest rate, and I take it to the US to earn 4% interest. I'm just doing arbitrage. Arbitrage, even if the amount isn't small. If I use a large amount of money for arbitrage, that's a very substantial income, so if this interest rate gap isn't resolved, the yen won't be saved. On the other hand, there's Japan's economic fundamentals, because a currency's foundation is the country's economy. The Japanese economy hasn't shown any signs of improvement. No improvement at all, and all of Japan's strengths are gone. now if you wanna buy electrical appliances you buy either korean or chinese ones do you still have japanese appliances right not many maybe only in taiwan elsewhere not much you don't really see them anymore when we were kids refrigerators washing machines tvs they were all japanese goods yeah right all japanese even all those trendy electronic products were japanese and japanese cars what can you say 中国的车货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货货� 日本的國家競爭力 它的競爭力已經失去 然后有盈人的股票 和權力的股票 然后有另一个大部分 他们在中国的货带 中国的持有 中国的持有 中国的持有 一切都不可能 as for kushida his only ways to save it are first beg the u.s for help i'd say asking the u.s for help might have short-term effects but not in the long run second he says i'll just cancel the consumption tax and many japanese people are saying that honestly the government is already in financial trouble right and you still want to take an important tax source and do what with it 一旦你解釋, 在日本人的募集中, 保留資金, 美金, 和社交平台的資金 和社會保障的資金 就一直被解釋了, 所以, 在日本人的共識中, 人生的生活變得更加困難。 所以, 日本的財政局局是, 我應該說, 它已經被解釋了 中央的地方, 在上的那裡, 有任何解釋的解釋。 hum then rely on the US but to be honest, is the US reliable? yeah, so the outlook for Japan is very bleak right, although the US doesn't want Japan to sell off US treasuries, the fact is that China has been steadily reducing its holdings, having already sold off US$657 billion in treasuries and pivoted to buying over US$300 billion in gold right, why is it like this? The People's Bank of China has increased its gold holdings for 21 consecutive months, and the scale is expanding month by month. There are three reasons,geopolitical risks,the rising risk of US treasuries themselves, and the unique nature of gold. Of course,the World Gold Council also predicts that global official gold reserves will continue to increase in the future.Including the second quarter of 2024, global central banks and other official institutions purchased 289 tons of gold.Let's ask the ambassador for his take. Yes, China's previous peak in US Treasury holdings was over a trillion dollars, but over the past two years, they have been constantly reducing them, constantly reducing them. From 800 billion to 700 billion, it has now dropped below 700 billion. I think they will continue to reduce them, because in fact, China is also pushing for, well, local currency trading. So, as the number one trading nation, they may no longer need such a large amount of US dollars 在手上,甚至是一件大利用的手法 是一件大利用的手法 所以,中国的仍然是持续持续持续 但是在中共的时代, 在美国的时代, 这些人的反共产党其实也有点语言 他们说, 中国的仍然是一件大利用的 我们有一个大利用的账截力 我们有一个方法, 是要把所有的金融费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损费都损 如果你保持中文字幕,我保持中文字幕,我保持中文字幕。 不? 在其他地方, for an economy as large as mainland China's,if it doesn't have precious metals to anchor its currency,it's actually quite vulnerable. So I think for mainland China now,first,there's less need for the US dollar,so it's slowly shifting away. Plus,with the world's geopolitics spiraling out of control,you have to prepare for the 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, 最適合的情况下, which is what they're doing of course, this also serves as leverage against the US I don't think mainland China will sell everything off because holding those 500 billion is, frankly a tool to keep the US in check why? whenever the US negotiates with us US representatives always say please, don't sell our treasury bonds then mainland China says fine, I'll hold your bonds, but you'd better not impose random tariffs on me. This is a bargaining chip against the US if dumping 50 billion makes you suffer, and I have 500 billion, I can even dump 100 billion. If I dump 100 billion, honestly, where would I put that money? Should I put it into gold, or keep it in treasury bonds? Treasury bonds still pay interest, right? So where else could you possibly put it? You can't just absorb that amount of money all at once, so are you going to buy euros instead or what else so i think for mainland china this continuous reduction of u.s dollar holdings is a long-term warning and reminder to the u.s saying don't provoke me or i'll dump your u.s treasury bonds dump them dump them and cause your economy major problems so i think this is a tool for strategic maneuvering um for sunscreen i choose ks royal anti-photoaging Refreshing High Protection Sun Lotion. It contains precious plant extracts. Slows down skin aging and maintains youthful elasticity. Newly added three major formulas soothe skin discomfort, soft focus brightening ingredients naturally correct skin tone, plus fermented corn moisturizing factors for a hydrating, easy to spread, and breathable feel. 365 days of anti-photoaging and anti-aging exclusively for you