It constantly slows down as it approaches ¥160. And that’s what has me wondering if that $30 billion every few months wouldn’t be better spent doing any number of things instead of foreign exchange intervention.
They could do this a couple dozen more times but it just seems like they’re throwing away money to me for short-term “stability,” rather than investing it into things that will have better long-term effects.
Louie Mantia, Jr.
npub14q…yv8wz
2026-05-26 07:05:40 UTC
in reply to nevent1q…cwu8
Author Public Key
npub14qxu8d0zjj22ptx8andv83rt9hhkgjzcnfa90ykuvmclmfp89f7seyv8wzSeen on
wss://relay.momostr.pinkPublished at
2026-05-26 07:05:40 UTCEvent JSON
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