The Bitcoin Layer

Japanese Yen MEGA DEVALUATION: What's Next?

04.30.2024 - By The Bitcoin LayerPlay

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In this episode, Nik breaks down the current devaluation of the Japanese yen. With a 27% decline since the beginning of 2022, the weakening yen is a policy decision by the government to attempt to inflate away its debt. Nik goes through charts on Japan's debt to GDP, speculates on whether this move is influenced by the United States in an effort to impact China's economy, and concludes with a chart of bitcoin priced in JPY.

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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc

Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti

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