円高防衛のための米国債売却で、日本の外貨準備が8月に950億ドル減少。しかし日本を哀れむ必要はない。これらの介入は極めて収益性が高い

· wolfstreet.com

By Dumping US Treasuries to Prop Up the Yen, Japan’s Foreign Currency Reserves Plunged by $95 Billion in August. But Don’t Cry for Japan. These Interventions Are Hugely Profitable

The government is already busy fighting over what to do with the $31 billion in profits on its foreign exchange interventions last fiscal year.

Japan’s Minis...


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