by Peter Schiff of Peter Schiff Podcast
Japanese will pay higher taxes, officially or through inflation.
All bonds, not just treasuries, will fall in price.
Biden calls for new wealth tax.
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See also 1.14 Quadrillion! Isn’t it a staggering number? That's the amount of debt the Japanese government owes (via bonds) Undoubtedly, the enormous debt means that any exit from the Yield Curve Control must be carefully planned
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