The Yen Intervention: Monetary Policy as the Newest Weapon in the West's AI War Against the Global South
The recent US-Japan yen intervention was not about currency stability but about ensuring Tokyo can fund its $550 billion pledge to American AI infrastructure, marking the formal enlistment of monetary policy as a tool of AI industrial policy. This brazen act exposes the West's desperate and coercive scramble to maintain technological dominance, leveraging a subservient Japan to bankroll its AI war against the rise of the Global South, particularly China.