The market is not about empty words; it requires real money to be invested. Who would believe just talk?

The Japanese government has injected 21.3 trillion yen to stimulate the economy and has just released the "largest measure since the pandemic"! The U.S. is also on the way to implement measures to save the economy.

Just now, the Japanese cabinet quickly approved an economic stimulus plan worth up to 21.3 trillion yen, marking the first major action by the new government since taking office. 💰 Of the total expenditure, 17.7 trillion yen is directly used for general spending, far exceeding last year's 13.9 trillion yen, an astonishing amount! Additionally, there is a supporting tax reduction measure of 2.7 trillion yen aimed at fully boosting the economy.

However, the market seems to be skeptical. As soon as the news broke, the yen's exchange rate fell to a new low in 10 months, and the yield on 40-year government bonds surged to a historical high, raising alarms about fiscal health 📉. To raise funds, the government's bond issuance is expected to exceed last year's 6.69 trillion yen, which is quite a burden.

Currently, the cabinet is striving to finalize the supplementary budget by November 28, aiming to push through the Diet before the end of the year. How effective will this wave of spending be? We will continue to monitor! $ETH $BNB $ZEC #加密市场回调