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After the US and Japan joined forces, it was effective for a time, but the yen is now weak

2
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again, returning to above 157.

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Naturally, everyone is asking why the US would step in to save the yen.

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It turns out that if the yen falls any further, the government would have to sell off a massive

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amount of US treasuries to buy yen.

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They are essentially trying to take advantage of the situation.

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Well, there is analysis from others that if the yen raises interest rates, it will lose

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使用它的手法是一件事的手法

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而是一件事的手法

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而是一件事的手法

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MASTER

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你认为你的意义上这个

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MASTER

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the main reason the US intervened in the yen was to successfully and indirectly prevent Japan from selling US treasuries to save the yen

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because during the last wave when the yen broke past 160

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the Japanese government spent 74 billion US dollars

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right

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and that 74 billion came from selling US treasuries

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um hum

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so what the US fears most right now is people selling US treasuries

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because the US government itself has issues with its own debt

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and what happens if they sell US treasuries

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US bond yields go up

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一次這些影響升,它會發生的大量大量的財產,

25
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已經是40億億美元的財產,

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所以他們要防止日本的財產財產財產財產財產,

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而是一種一日的金錢是用日本的金錢用美金金錢

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為美國政府的金錢

29
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在很短的金錢

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這就是一種稍後的一切

31
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這程式是要訪 currency speculators

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可能會嘗試的一日的情況

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不太簡單

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因為美國的金錢

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所以如果你賣金錢

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你會失去所有的錢

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用这个方法转异的一年来,

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从163或164或157或155。

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但它是回到157现在。

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所以它会有效果。

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下一次,

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00:01:59,240 --> 00:02:00,440
美国会再次回应,

43
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它会被回应,

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它会被回应,

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因为,

46
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它的 agreement with Japan是 simply,

47
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不买金钱,

48
00:02:06,440 --> 00:02:06,700
然后,

49
00:02:06,800 --> 00:02:07,860
不买金钱,

50
00:02:08,240 --> 00:02:09,520
不买金钱,

51
00:02:09,900 --> 00:02:10,900
然后,

52
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然后,

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00:02:11,440 --> 00:02:12,000
我们要做什么?

54
00:02:12,140 --> 00:02:12,280
然后,

55
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然后,

56
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我会把你钱,

57
00:02:14,320 --> 00:02:15,280
用它们来务金钱,

58
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and i'll lend you the money quote so this model might be used once or twice however it can only

59
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be used once or twice after that it won't be effective it's ineffective now because what is

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the core problem if the bank of japan doesn't raise interest rates the interest rate spread

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remains the biggest issue for the yen the spread between it and the u.s dollar is around three

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percent many japanese people are basically selling yen to buy dollars right in japan i borrow money

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at only a 1% interest rate, and I take it to the US to earn 4% interest.

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I'm just doing arbitrage.

65
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Arbitrage, even if the amount isn't small.

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If I use a large amount of money for arbitrage, that's a very substantial income, so if this

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interest rate gap isn't resolved, the yen won't be saved.

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On the other hand, there's Japan's economic fundamentals, because a currency's foundation

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is the country's economy.

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The Japanese economy hasn't shown any signs of improvement.

71
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No improvement at all, and all of Japan's strengths are gone.

72
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now if you wanna buy electrical appliances you buy either korean or chinese ones

73
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do you still have japanese appliances right not many maybe only in taiwan

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elsewhere not much you don't really see them anymore

75
00:03:27,700 --> 00:03:32,760
when we were kids refrigerators washing machines tvs they were all japanese goods

76
00:03:32,760 --> 00:03:38,840
yeah right all japanese even all those trendy electronic products were japanese

77
00:03:38,840 --> 00:03:41,960
and japanese cars what can you say

78
00:03:41,960 --> 00:04:11,960
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�

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日本的国家,日本,不

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它的工程度已经失去

81
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然后有盈人的股票

82
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和务量的股票

83
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然后有另一个大部分

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他们在中国的货带

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中国的货带

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中国的货带

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中国的货带

88
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一切都不可能

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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

90
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help might have short-term effects but not in the long run second he says i'll just cancel the

91
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consumption tax and many japanese people are saying that honestly the government is already

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in financial trouble right and you still want to take an important tax source and do what with it

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一旦你解释,

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在日本人的募集中,

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保留資金,

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美金,

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和社交平台的資金

98
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和社交平台的資金

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就一直被解释了,

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所以,

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在日本人的募集中,

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人生的生活變得更加困難。

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所以,

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日本的財政局局是,

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我應該說,

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它已經被解释了

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中央的地方,

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在上的那裡,

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有任何解释的解释。

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hum

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then rely on the US but to be honest, is the US reliable?

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yeah, so the outlook for Japan is very bleak

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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

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right, why is it like this?

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The People's Bank of China has increased its gold holdings for 21 consecutive months,

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and the scale is expanding month by month.

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There are three reasons,geopolitical risks,the rising risk of US treasuries themselves,

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and the unique nature of gold.

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Of course,the World Gold Council also predicts that global official gold reserves will continue

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to increase in the future.Including the second quarter of 2024, global central banks and other

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official institutions purchased 289 tons of gold.Let's ask the ambassador for his take.

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Yes, China's previous peak in US Treasury holdings was over a trillion dollars,

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but over the past two years, they have been constantly reducing them, constantly reducing

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them. From 800 billion to 700 billion, it has now dropped below 700 billion. I think they will

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continue to reduce them, because in fact, China is also pushing for, well, local currency trading.

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So, as the number one trading nation, they may no longer need such a large amount of US dollars

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在手上,甚至是一件大利用的手法

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是一件大利用的手法

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所以,中国的仍然是持续持续持续

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但是在中共的时代,

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在美国的时代,

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这些人的反共产党其实也有点语言

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他们说,

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中国的仍然是一件大利用的

135
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我们有一个大利用的账截力

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我们有一个方法,

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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

138
00:08:08,152 --> 00:08:12,152
如果你保持中文字幕,我保持中文字幕,我保持中文字幕。

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不?

140
00:08:13,152 --> 00:08:15,872
在其他地方,

141
00:08:15,872 --> 00:08:20,672
for an economy as large as mainland China's,if it doesn't have precious metals to anchor

142
00:08:20,672 --> 00:08:27,272
its currency,it's actually quite vulnerable.

143
00:08:27,272 --> 00:08:32,912
So I think for mainland China now,first,there's less need for the US dollar,so it's slowly

144
00:08:32,912 --> 00:08:35,632
shifting away.

145
00:08:35,632 --> 00:08:42,392
Plus,with the world's geopolitics spiraling out of control,you have to prepare for the

146
00:08:42,392 --> 00:08:44,952
最適合的情况下,

147
00:08:44,952 --> 00:08:46,232
最適合的情况下,

148
00:08:46,232 --> 00:08:48,272
最適合的情况下,

149
00:08:48,272 --> 00:08:51,352
最適合的情况下,

150
00:08:51,352 --> 00:08:53,272
最適合的情况下,

151
00:08:53,272 --> 00:08:55,192
最適合的情况下,

152
00:08:55,192 --> 00:08:56,992
最適合的情况下,

153
00:08:56,992 --> 00:08:59,032
最適合的情况下,

154
00:08:59,032 --> 00:09:01,072
最適合的情况下,

155
00:09:01,072 --> 00:09:02,872
最適合的情况下,

156
00:09:02,872 --> 00:09:04,912
最適合的情况下,

157
00:09:04,912 --> 00:09:06,912
最適合的情况下,

158
00:09:06,912 --> 00:09:08,752
最適合的情况下,

159
00:09:08,752 --> 00:09:10,912
最適合的情况下,

160
00:09:10,912 --> 00:09:12,032
which is what they're doing

161
00:09:12,032 --> 00:09:20,952
of course,this also serves as leverage against the US

162
00:09:20,952 --> 00:09:23,812
I don't think mainland China will sell everything off

163
00:09:23,812 --> 00:09:27,012
because holding those 500 billion is, frankly

164
00:09:27,012 --> 00:09:29,112
a tool to keep the US in check

165
00:09:29,112 --> 00:09:31,132
why?

166
00:09:31,692 --> 00:09:34,072
whenever the US negotiates with us

167
00:09:34,072 --> 00:09:36,152
US representatives always say

168
00:09:36,152 --> 00:09:38,612
please,don't sell our treasury bonds

169
00:09:38,612 --> 00:09:39,992
then mainland China says

170
00:09:39,992 --> 00:09:43,972
fine, I'll hold your bonds, but you'd better not impose random tariffs on me.

171
00:09:44,092 --> 00:09:48,132
This is a bargaining chip against the US if dumping 50 billion makes you suffer,

172
00:09:48,512 --> 00:09:52,032
and I have 500 billion, I can even dump 100 billion.

173
00:09:52,212 --> 00:09:55,992
If I dump 100 billion, honestly, where would I put that money?

174
00:09:56,212 --> 00:09:59,032
Should I put it into gold, or keep it in treasury bonds?

175
00:09:59,272 --> 00:10:01,552
Treasury bonds still pay interest, right?

176
00:10:01,712 --> 00:10:03,612
So where else could you possibly put it?

177
00:10:03,972 --> 00:10:06,832
You can't just absorb that amount of money all at once,

178
00:10:06,832 --> 00:10:13,612
so are you going to buy euros instead or what else so i think for mainland china this continuous

179
00:10:13,612 --> 00:10:19,292
reduction of u.s dollar holdings is a long-term warning and reminder to the u.s saying don't

180
00:10:19,292 --> 00:10:25,492
provoke me or i'll dump your u.s treasury bonds dump them dump them and cause your economy major

181
00:10:25,492 --> 00:10:32,712
problems so i think this is a tool for strategic maneuvering um for sunscreen i choose ks royal

182
00:10:32,712 --> 00:10:38,312
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183
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184
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185
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186
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187
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