Tonight, I had a discussion with Nik Bhatia, who had invited me to participate in his podcast ‘The Bitcoin Layer’ to share my views on the continued weakening of the Japanese yen, and why I believe that the Chinese renminbi will follow the same weakening trend that the Japanese yen has experienced over the past 30 years (in real terms).
It’s about negative demographics and a lack of economic reforms. Nik and I also talked about the significance of AI for global growth – and interestingly, why this specifically impacts the yen negatively, given the Japanese monetary policy.
