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Samson Soturian
Patrick Boyle
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Japan Spent 60 Billion Dollars Defending The Yen!" video.
The irony is during the bubble in Japan there were accounts of sallared employees making modest wages while their bosses got ridiculously rich, which seems unfair until it was followed by decades of bosses being obliged to pay salaries even though ownership of the company paid little to nothing.
23
Not necessarily. Older people tend to make more money so they can spend a little, while younger people spend little except on a few large purchases made with borrowed money. Not sure how the math works out
6
The dollar is big. Really. Really big.
5
Congress doesn't have any input on currency
3
There is no way in hell Japan is sharing a currency with China, and Japan has no quarrel with the US.
2
That just makes it easier for the Fed to borrow more. Those bonds hit the market and bring interest rates down more than a little, and the US sells more bonds at that new lower interest rate
2
Lose the schizophenia
1
@nelsonta00 Liar
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@candycigadddict liar
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@superfuss1984 the only thing falling is your robinhood account
1
Watch the video. The two banks are working against each other
1
Vhut? It's simple logic, if the value of money goes up, people will hoard money. That is what happened in Germany back in Martin Luther's day. Germany had decades of trade deficit, and since they were using silver/gold/copper coins there was only so much new money that could be minted, leading to decades of deflation, falling wages, and money hoarding. Greedy bastards spread conspiracy theories that employers were hoarding vast treasures and were simply unwilling to part with it.
1
Generations of low birth rates during the lost decades
1
@robymaru03 found the shoplifter. Now shut up and quit making veiled terroristic threats, we all know you're too cowardly to talk back to your boss
1