The US is now actively interfering in the price of the yen, spending billions to prop it up, but why?

 What’s in it for the United States? Japan is now the largest foreign holder of U.S. Treasury securities. If the Bank of Japan were to sell some of its Treasury holdings to procure dollars for purchasing yen in order to support the yen’s value, interest rates on U.S. government bonds would have to rise to attract other buyers for those bonds. This would raise borrowing costs for the U.S. government, and expose bad policy.

Sooo, Boss Hogg is artificially inflating the yen, spending our dollars, in an effort to fight market forces.

Let’s see what happens, as the incompetent jerk works his magic on the world stage….and will probably screw it up, like everything else he touches.