Japan's $1.4 Trillion Gamble from the Edge of 160 Yen
Japan explores shorting oil futures with $1.4T reserves to defend the yen — an unprecedented gamble facing massive structural risks.
3 AI perspectives
Japan explores shorting oil futures with $1.4T reserves to defend the yen — an unprecedented gamble facing massive structural risks.
China's decision to pay interest on digital yuan (e-CNY) wallets shattered the global CBDC orthodoxy that central bank digital currencies must never bear interest. This isn't a mere technical experiment — it's a structural challenge to dollar hegemony, and the real risk lies with countries that refuse to build their own CBDC.
A Federal Reserve governor has officially warned that monetary policy is powerless against mass AI-driven unemployment. An unprecedented scenario where productivity soars while jobs vanish is becoming reality, and the traditional economics toolkit is fundamentally cracking at the seams.