Interventions are not cost effective, aren't they?
Bank of Japan Governor Ueda made a “challenging” statement at the end of last year, and the dollar yen appreciated by about 5 or 6 yen. This time, I jumped in trillion yen and intervened, and the exchange rate went back and forth. Interventions have bad cost performance, aren't they? If you really want the yen to appreciate, why not ask Bank of Japan Governor Ueda to say “challenging” more? If I say it twice, it might go up to 140 yen.
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えいきちちゃん OP : Challenging Machiko Sensei
ダヤンks : Other than intervention, government debt reduction or interest rate hikes, but since corporate performance isn't that strong, I feel like it will be difficult to do it quickly. However, if the price index starts to rise rapidly due to the rapid depreciation of the yen, business performance will drop further, so I think they will start in a hurry.
えいきちちゃん OP ダヤンks : Well, seriously, I almost agree with the first half of your opinion. However, if Japan were to raise interest rates due to exchange rates, I think that would be enough.
シャケちゃ : If you think about selling dollars from the yen sales intervention in 2011, the Japanese government made a pretty big profit.
I remember it was around 80 yen per dollar at the time.
えいきちちゃん OP シャケちゃ : Seriously, I'm not interested in how the benefits of intervention are. Compared to this country's huge budget deficit.
ミッチー_8751 : I think the cost performance is good, though.
After all, they're making money, so the cost performance couldn't be better than this.
Also, young Americans are on a rampage right now, rents are high due to high interest rates, and there are signs of a deflationary spiral, showing the appearance of the end of the century.
I'm sure people will repeat it again. It's better to secure the ball you hit when buying dollars.
えいきちちゃん OP ミッチー_8751 : Well, I'm wondering if you don't do it seriously, but I think your mind is wrong when you compare the words of important people with the logic that cost performance is good by comparing trillions of yen.
ミッチー_8751 えいきちちゃん OP : that's because you can't make money with just one word
There's only one way to make mochi out of the stuff you see in the picture.
we have to act.
They also sell yen, and so do dollars.
If you sell dollars, buy again and sell again ← if you don't do this, you don't make any money or profit, right?
And if you don't sell it, you can't buy it.
えいきちちゃん OP ミッチー_8751 : Yes. What you said is correct. Congratulations.