Replying to Avatar Libertariman

Bank of Japan - Total Assets and Government Bond Holdings

The size of BOJ's balance sheet reached an ATH of 746 trillion yen on May 31, 2023

Government bond holdings also are at ATH levels with a balance of 593 trillion yen

If you job is to

1 create money out of thin air by stroking a few keys on your computer and

2 buying government bonds to fund the endlessly expanding government, while

3 diluting the wealth of JPY holders

Can you even call that a job?

buy bitcoin

#bojBalanceSheet

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Libertariman 2y ago

#[1]​ #[2]​ ⚡️😘

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