E292 - Will Japan’s Yen Crisis Hit the U.S. Dollar?

Japan has remained relatively quiet during years of debate over BRICS, de-dollarization and the global financial order. That may be changing.
In this episode of The Secret War on Cash, Dean Heskin and Chris Agelastos examine the United States’ intervention to support the Japanese yen and the risks that intervention is attempting to contain.
Japan’s currency weakness and domestic financial pressure could eventually force it to sell U.S. Treasury securities. For Washington, that would be especially dangerous because China is already reducing its exposure to dollar-denominated assets.
Dean argues that America’s decision to help...