World economics

Here is an except from the link below:

"In Japan, the central bank was forced to ramp up its bond purchases again on Wednesday as investors continue to test its ability to keep yields low as their American equivalents climb"

Also this"

“The Fed’s tightening is having a clear impact on China and Japan,” said Tuuli McCully, head of Asia-Pacific economics at Scotiabank. “It is making their monetary policy conduct much more complicated.”

https://financialpost.com/pmn/business-pmn/feds-aggressive-rate-hike-plans-jolt-policy-in-china-and-japan

The BOJ was forced to ramp up its bond purchases to keep yields low. I understand that much, but it doesn't say whose bonds they are purchasing or why it is important to keep yields low. I once read an article about China complaining the US rate hikes are going to hurt other country's economies. Because of that I think it is important to understand this better.

Can anyone explain the details about this to me? Why was the BOJ forced to ramp up its bond purchases to keep yields low? Were they Japanese bonds or American bonds? Why was is so important to keep yields low?

The article also says this:

“I don’t think Japan or China can completely decouple their monetary policies with the Fed because doing so will further weaken their currencies and widen their yield gaps,” said Nobuyasu Atago, former head of the price statistics division at the BOJ and now Tokyo-based chief economist at Ichiyoshi Securities Co. Ltd."

Why is it so difficult for Japan and China to decouple their monetary policies with the Fed? Why are they stuck with the fed even though the fed is making things more complicated for them?

@metal-brain said
Here is an except from the link below:

"In Japan, the central bank was forced to ramp up its bond purchases again on Wednesday as investors continue to test its ability to keep yields low as their American equivalents climb"

Also this"

“The Fed’s tightening is having a clear impact on China and Japan,” said Tuuli McCully, head of Asia-Pacific economics at Scotiab ...[text shortened]... Fed? Why are they stuck with the fed even though the fed is making things more complicated for them?

@mchill said
Why is it so difficult for Japan and China to decouple their monetary policies with the Fed? Why are they stuck with the fed even though the fed is making things more complicated for them?



So - You're admitting you don't understand the Fed's role in shaping economic conditions here in America and around the world, but you'll accuse Fed is making things more complicated for them? 🙄

@metal-brain said
"Fed is making things more complicated for them"

I didn't say that because it is my opinion. I am quoting someone in the article. You might want to read it before commenting. I also did not say I didn't understand the Fed's role in shaping economic conditions here in America. I said I didn't understand why the Fed negatively affects other nation's economies. Since you have not answered any of my questions you apparently don't understand either.

@kevcvs57
Why don't they trade using the BRIC currency instead?

https://unherd.com/thepost/the-new-brics-alliance-is-a-mortal-threat-to-the-west/

@metal-brain said
@kevcvs57
Why don't they trade using the BRIC currency instead?

https://unherd.com/thepost/the-new-brics-alliance-is-a-mortal-threat-to-the-west/

@kevcvs57
So you don't know. I thought so.
Lots of trolling and no answers. That is why this forum is a joke. It is plagued with trolls that know nothing.

@metal-brain said
@kevcvs57
So you don't know. I thought so.
Lots of trolling and no answers. That is why this forum is a joke. It is plagued with trolls that know nothing.

@kevcvs57 said
It’s clearly you that cannot grasp even the basics of how this works, your an embarrassment to the noble art of trolling.

@metal-brain said
@kevcvs57
Why don't they trade using the BRIC currency instead?

Hey guys.......
I think we would all be doing this forum a favor if we could just collectively ignore any thread started by Metal Brain.
Nothing but a click paster with nothing useful to offer.

Getting a little tired seeing this debate forum full of unnecessary threads filling my screen.
Just a thought.

@mghrn55 said
Hey guys.......
I think we would all be doing this forum a favor if we could just collectively ignore any thread started by Metal Brain.
Nothing but a click paster with nothing useful to offer.

Getting a little tired seeing this debate forum full of unnecessary threads filling my screen.
Just a thought.

@Metal-Brain
You are a poor imitation of Alex Jones.
A wannabe.

@mghrn55
Still trolling like a child I see.
It must really bother you to know how much you don't know about world economics.
Or is it because the corporate news media is deliberately keeping you as ignorant as possible about it? Can't they just have an honest discussion about how the FRS raising interest rates affects other countries and why?

Of course not. If they did you would realize what a scam economics is and it would ruin your blissful ignorance. You don't want to know. That is why you lash out at those that bring it up. You are acting like a took a crap on your doorstep. I did nothing but write words and you volunteered comments. Nobody made you post on here.

From the link below:

"Another direct impact of the growing debt relates to interest rates – there’s a clear relationship between the two.

“As the deficit and as debt increases, it increases rates,” Warshawshy said. “So you're getting into a situation of a vicious downward cycle, because the interest rates will keep on going up, even aside from what the Fed does or doesn't do because the increase in debt will increase interest rates.”

This is our country’s reality, and the president and the Democratic-controlled Congress don’t seem too concerned. Most Americans, however, are worried about inflation and the economy, and they should keep all this in mind when they vote in a few weeks."

https://www.yahoo.com/news/31-trillion-may-seem-fanciful-134844804.html