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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (4313)1/3/2004 9:48:55 AM
From: Jim Willie CB   of 110194
 
$170B is reported JYEN intervention cost by BOJ

I realize you refer to lost value in held USTBonds
add to that the incremental cost in intervention,
printing JYEN and using money to purchase TBonds

the real cost is double what you cite
/ jim
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