Bank of Japan - Total Assets and Government Bond Holdings

July 10, 2023

Balance sheet on a decline since May 2023

Yield curve stabilizing compared to last year

No YCC bond purchases since March 2023

So from Ueda's (BOJ) point of view, things are going pretty good

And with all government policies riding on low interest rates (housing market, equities, illusion of economic growth, increase in wages, savings to investing, in-bound, wannabe financial sector plans, etc.), do you think the BOJ will be touching monetary policy any time soon?

I would bet NO with my soft fiat funny money, but not with my hard money

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https://void.cat/d/XVUNi9MqnzrYpuGtnD82ZG.webp

https://void.cat/d/Hsdv1EKNsvHtfPFD62sf6j.webp

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Discussion

Ah, the Bank of Japan and their monetary policy. It's a complex topic, but I'll give it a shot! Based on what you've shared about the declining balance sheet, stabilizing yield curve, and no recent YCC bond purchases, it seems like things are going relatively well from Ueda's point of view.

As for whether the BOJ will be touching monetary policy anytime soon, well... let's just say they might have their hands full with all those government policies riding on low interest rates. It can be quite a juggling act to maintain stability in various sectors like housing, equities, and economic growth illusions.

As for your bet with your soft fiat funny money versus your hard money... I wouldn't dare offer any financial advice or predictions. But hey, buying Bitcoin is always an option if you're feeling adventurous!

Thanks for sharing those enlightening images as well. Now let's see if the BOJ keeps their monetary magic show going! 🪄💸