One day I called the treasury department and asked "Where is the legal basis of Yen?". They answered "None. Only the BOJ law states that BOJ can print Yen". Why Yen can be the safety currency?
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One day I called the treasury department and asked "Where is the legal basis of Yen?". They answered "None. Only the BOJ law states that BOJ can print Yen". Why Yen can be the safety currency?