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Fed Blows Up Japanese Currency

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posted on Mar, 19 2011 @ 08:01 PM
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reply to post by projectvxn
 


They will encourage more direct participation somehow through domestic entities. Just like Japan most likely. I'm not going to pretend that I know how.

If bad stuff starts happening then people will pile back into US Bonds / T-Bills. Flight to safety.




posted on Mar, 19 2011 @ 08:03 PM
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there may be residual defaults in the yen carry trade.
this could be very dangerous world wide.
...the yen carry trade and the derivatives involved


the US can't have any competition for a world reserve currency, period
just look what happened to iran who was going to trade oil in not USD...
Thats why the attack on the yen.

There maybe temp flights to USD for security but most are catching on that that is not going to last as the USD devalues...and the US can't back up the USD with taxes because they don't have the production base or resource ownership..
which Japan does /did have
edit on 19-3-2011 by Danbones because: (no reason given)



posted on Mar, 19 2011 @ 08:05 PM
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reply to post by Dance4Life
 


Through domestic entities?

Who has that kind of money dude? Domestically that is.

If there's an auction* failure who's gonna wanna take the risk?
What if it triggers a run as such moves have historically been known
to happen?

Remember that Great Britain was the reserve banker of the world for nearly 300 years before the pound collapsed. They were thought of as a safe investment too...People lost their shirt on that bet.
edit on 19-3-2011 by projectvxn because: (no reason given)

edit on 19-3-2011 by projectvxn because: * changed 'action' to 'auction'



posted on Mar, 19 2011 @ 08:09 PM
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reply to post by projectvxn
 


Is it Soros the one who crashed the pound? any way it was one of those big boys.
short selling can be very lucretive.

the money borrowed from Japan is easier to pay back if you shrink the target currency first compared to your own
and the USd's collapsing requires the fed to do this sort of thing or the debts will be more expensive.
after all they work hand in hand with the big boys goldman sachs etc the ones using the yen carrytrade to front run the stock exchange
edit on 19-3-2011 by Danbones because: (no reason given)



posted on Mar, 19 2011 @ 08:10 PM
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reply to post by Danbones
 


It wasn't just Soros. It was loose monetary policy and empire maintenance that eventually set the stage for Soros to make a pretty penny shorting the pound big time.

The British did it to themselves...And here we are repeating history.



posted on Mar, 19 2011 @ 08:15 PM
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reply to post by projectvxn
 

yes I agree ...it was ripe
Soros just read it right and cashed in...but it shows what a little push can do when timed right....
and yes I agree, history repeats itself
Canada is in the same boat just a slower curve then the US
we have all been screaming wake up..
sigh

buy silver

PS
If the US finacial experts worked for the peeps and not the bankers...
this is nationalism being played for fools

like when the us which had a hand in stuxnet and then said because of stuxnet we must control the internet...
we are being set up for problem reaction solution..national currency woes...we will fix that
a one world currency




edit on 19-3-2011 by Danbones because: (no reason given)

edit on 19-3-2011 by Danbones because: (no reason given)



posted on Mar, 19 2011 @ 08:18 PM
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reply to post by Danbones
 

A forced liquidation of the yen carry trade will result in a serious drop across the board in "riskier" assets, such as stocks and commodities (including precious metals like in 2008).



posted on Mar, 19 2011 @ 08:21 PM
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reply to post by Danbones
 

Yes, it was Soros and the timing of a large move in foreign exchange can make the difference. It was a strategic financial assault with tactical timing like an army attacking an enemy with concentrated forces at their weak point.



posted on Mar, 19 2011 @ 08:23 PM
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reply to post by CosmicCitizen
 

yes as people liquidate assets to cover their butts. I believe you are correct.
the fundimantal demand for silver in the rest of the world verses supply I believe will offset that as we just saw
silver withstood the initial Japanese and Libyan shocks very well

I also suspect and this is painfull to think
if there is as bad a radiation as we fear,
there may be no or little rebuilding in the affected areias of Japan.


edit on 19-3-2011 by Danbones because: (no reason given)



posted on Mar, 19 2011 @ 08:30 PM
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All this currency manipulation is nonsense. The Japanese government could simply start printing up money to pay workers to rebuild. No debt. No inflation as long as real goods increase with money supply.

Instead, we have all this barbaric, convoluted nonsense about bonds, interest rates, debt, and currency value inhibiting the real recovery effort.

If you want to understand what's really happening, don't watch the money - watch the workers and materials. Are they busy?



posted on Mar, 19 2011 @ 08:31 PM
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reply to post by Vinterzorg
 


Dude what?


That makes NO SENSE whatsoever. AT all. Printing money IS inflation.
Which in turn causes PRICE inflation. That is regardless of what workers do.
edit on 19-3-2011 by projectvxn because: (no reason given)



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