In the 2020 crisis the largest of dollar liquidity provided by Fed was taken by Bank of Japan, an indicator of its Japan’s importance in global dollar system. What then are implications of dramatic 30% devaluation of yen v. $ since 2021. See Chartbook #113
adamtooze.substack.com/p/chartbook-11… https://t.co/acoH0KGDtZ
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…