Sirwin
Sirwin

BOJ (Bank Of Japan) Strategy Likely to Celsius $CEL Strategy


 

Recently I found something quite interesting on Peter Schiff’s Twitter channel (Peter David Schiff is an American stock broker) containing:

 

Peter Schiff di Twitter: “To reduce #inflation #Japan could sell it’s $1.2 trillion in Treasuries. It could then use the dollar proceeds to buy yen, then use the yen to buy JGBs held by the BOJ. This would reduce both Japan’s national debt by 13% and the money supply while increasing the value of the yen.” / Twitter

If I notice the strategy from the BOJ (Bank Of Japan) is similar to one of the Celsius $ CEL lending and borrowing platforms. When I will owe $1.2 trillion to buy Yen, after that I will buy the Yen Government Bonds / JAPAN GOVERNMENT BONDS 10 YR YIELD

This strategy looks similar to “Debt to cover other Debts” . The way of Peter Schiff himself, in my opinion, is the way of suicide. Yen should be valued in gold so that it is not devalued and it is not easy to be printed carelessly.

What will happen if the return given is too large ??

  1. One of the problems when the promised return is too large is when the state defaults on borrowing its debts to the public in the form of bonds. Maybe it will reduce people’s welfare and reduce the country’s economy itself.
  2. Another bad thing is that people will appear who are looking for loopholes from these large returns. Same is the case with George Soros (the man who rocked the British and Asian economies)

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Hamzah Nor Sihab
Hamzah Nor Sihab

Just an ordinary student who wants to learn about crypto markets and macro economics to survive in this cruel financial world


Hamzah Nor Sihab
Hamzah Nor Sihab

Just an ordinary student who wants to learn about crypto markets and macro economics to survive in this cruel financial world

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