"HUGE NEWS! The Bank of Japan's About to Send Gold Straight to $10,000" - Peter Schiff

Peter Schiff, a well-known economist and vocal Bitcoin critic, has sharply criticized the Bank of Japan's recent decision to halt its rate hikes, cautioning that this move could lead to severe market instability and potentially trigger hyperinflation in Japan. The decision comes at a time of significant global market upheaval. Last Monday, global markets suffered a sharp downturn, with the Dow Jones Industrial Average and the S&P 500 recording their largest losses in nearly two years. This decline was primarily attributed to the unwinding of the Japanese yen "carry trade," a strategy where investors borrow yen at low interest rates to invest in higher-yielding assets.

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Credit: Peter Schiff
🔴 Bank of Japan Rescues the Markets ... For Now - Ep 973
https://www.youtube.com/watch?v=Ueg1_aDZ8YY

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