Marty sits down with Peruvian Bull to discuss what's being done by the Bank of Japan. Peruvian Bull on Twitter: https://x.com/peruvian_bull Peruvian Bull on Substack: https://dollarendgame.substack.com/ 0:00 - Intro 1:02 - Yen carry trade backdrop 15:47 - River and Unchained 17:03 - Market caught off guard 20:10 - Liquidity alarm bell 27:01 - Current status 33:41 - Gradually, Then Suddenly & Zaprite 35:19 - What do central bank counterparties do? 44:12 - Treasury demand 48:55 - Predicting the timeline 51:34 - Good for bitcoin 56:50 - How to prepare 1:03:36 - Fourth turning 1:10:06 - Wrapping up Shoutout to our sponsors: River https://river.com/tftc Unchained https://unchained.com/concierge/ Zaprite https://zaprite.com/tftc Gradually, Then Suddenly https://thesaifhouse.com/gradually TFTC Merch is Available Shop Now: https://merch.tftc.io Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Follow Marty Bent: Twitter https://twitter.com/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/