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Did Bank of Japan crash the dollar?
Summary by Signs of the Times
1 Articles
1 Articles
Did Bank of Japan crash the dollar?
The consequences of 26 years of free money policy and aggressive Quantitative Easing (read: money printing) are coming due. The United States is among the most vulnerable to Japanese contagion. Over the last nine days, the US dollar index collapsed: on 19 January, the index closed at 99.16. Today it is trading below 96 - a 3.2% decline! This may not sound like much, but as far as foreign currency markets are concerned, it's a very substantial mo…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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