What We Can Learn From Japan About the Real Economic Risks to the World

What We Can Learn From Japan About the Real Economic Risks to the World
People walk along a pedestrian crossing in Tokyo, on Jan. 21, 2022. AP Photo/Eugene Hoshiko
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Commentary
The economy is red-hot, at least according to most. After all, why else would the U.S. Federal Reserve publicly announce a near-historic rush to hike its benchmark rates? Consumer prices have been painfully rampaging for a year, and the stated purpose of hiking is to cool everything down in order to regain control over them.
Jeffrey Snider
Jeffrey Snider
Author
Jeff Snider is Chief Strategist for Atlas Financial and co-host of the popular Eurodollar University podcast. Jeff is one of the foremost experts on the global monetary system, specifically the Eurodollar reserve currency system and its grossly misunderstood intricacies and inner workings, in particular repo/securities lending markets.
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