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Tuesday, February 7, 2023

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Bank Of Japan’s $5 Trillion Bet Is Going Awry In A Hurry

For years now, economists have debated whether the Bank of Japan’s ultraloose policies were a loser, figuratively speaking. Now we have proof of the literal losses from Governor Haruhiko Kuroda’s team. As of the end of September, the BOJ was at least $6.3 billion in the red on its massive stockpile …

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