REPO Wonderland: DJT, the Bank of Japan and the Battle for the Dollar
The U.S. Debt Clock teased the repo play. A mysterious Japanese commentator warned that Washington would be forced to intervene. Then the United States stepped into the yen market. Coincidence, contingency—or a glimpse of a much larger monetary struggle? Money never announces the next act. It leaves fingerprints. A strange poster appears in the U.S. … Read more