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Tuesday, February 27, 2024

Charlie Munger’s ‘Awfully Easy Money’ Tells Story Of Tokyo’s Dilemma

The Bank of Japan’s balance sheet has long since topped the size of the nation’s $4.7 trillion economy. But whether officials feel ready to exit quantitative easing may hinge on a much smaller figure: $71 billion. That’s how much Governor Kazuo Ueda’s team racked up in losses on bond holdings in the …

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