The U.S. Has a Plan for the Next Yen Rescue. You’re Funding It.

Last week, I wrote to you about the operation in which the United States and Japan went into the currency market together to prop up the falling yen, the first coordinated action of its kind since 1998. Japan reportedly put in around $75 billion of its dollar reserves. The Treasury put in five to ten billion (selling […] The post The U.S. Has a Plan for the Next Yen Rescue. You’re Funding It.…