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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Why Japan's Currency Is So Volatile" video.
Remember when everyone was saying Japans currency would collapse because of their massive debt? I remember
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So interest rates have been low in Japan because of a slugging economy, doesn't that admit that the government is in full control of interest rates? Because i don't think the market would keep interest rates low when japans debt to gdp ratio is over 250%
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@radry100 yeah, silly logic
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@StormInATeaCup35 ok bud
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@jonathan2847 who bailed out the banks when that happened? Don't compare private debt to government debt
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@RivusVirtutis The market will tolerate whatever the government wants it to. They are powerless to affect the Japanese interest rate because the bank of japan has an infinite supply of yen to fight any unwanted move in its interest rate
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@ssjj005 i agree, but many don't
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