Big moves in the currencies of major pieces of the global financial system is not a risk we have had to deal with much recently. But that is what is happening on the Yen-$ axis right now. Increases hedging costs and gunges up easy flow of trillions $.
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…