uh bought yen essentially at these levels, then it doesn't allow for them to fail. So, what they're doing by not actually buying JPY and then having to incur an actual loss, not just a P&L loss, if you want to call it that, uh but an actual like uh credibility loss, they're avoiding their actual buying of JPY, selling of USD because there's this They It's because Scott Bessent
So, what they're doing by not actually buying JPY and then having to incur an actual loss, not just a P&L loss, if you want to call it that, uh but an actual like uh credibility loss, they're avoiding their actual buying of JPY, selling of USD because there's this They It's because Scott Bessent