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Could the Crashing Yen Trigger Hyperinflation in the U.S.?
['Mike Whitney']
The Truthseeker
This is from Forbes:The wobbling Japanese yen could trigger a global financial crisis….
but also adversely impact financial markets around the world.
That’s why the U.S. and Japan just undertook a very rare joint intervention in currency markets to prop up the yen.
Japan’s Wobbling Yen Could Trigger A Global Financial Crisis, ForbesThe United States and Japan are already massively meddling in the market to scare off short sellers who don’t think market fundamentals support a strong yen.
The government spent a record ¥6.28 TRILLION defending the yen in a single day in April.