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Japan's July core inflation hovers at two-year low, adding pressure on Bank of Japan

9 Comments
By Daniel Leussink

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9 Comments
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In 1984 a big bottle of Kirin and my local Izakaya was ¥220. Yen Dollar rate was ¥265/$100

Now at the same place the same bottle of beer is ¥600. Yen Dollar rate is $1.00/¥106.

Doesn't that appear to be not deflation but rather inflation?

0 ( +0 / -0 )

How about the government take the lead to decentralize outside of Tokyo? There would be a massive building boom in the satellite locations.

Thats a good question, but Japanese dont want that; they prefer being in the city that supports people from all over Japan. Japan has beautiful areas outside of Tokyo but they are clanish, and dont want those areas populated by outsiders. Tokyo is full of outsiders. And you know Osaka, Kyoto and Nagoya hate Tokyo. Its complicated

2 ( +2 / -0 )

And they are still going to raise the taxes to 10% next month?

4 ( +4 / -0 )

All those in Japan will soon be paying a tax to the government in order to possess savings...

5 ( +5 / -0 )

How about the government take the lead to decentralize outside of Tokyo? There would be a massive building boom in the satellite locations.

4 ( +4 / -0 )

Fail to see what is the problem with deflation, prices go down its great news for people sitting on the sideline, waiting for an opportunity.

2 ( +3 / -1 )

Gobalization and the modern "free market" economy are inherently deflationary. Get used to it.

1 ( +2 / -1 )

They just keep singing the same old blues. Nothing has improved in the 8 years of Abenomics. In fact, it has gotten worse with sales tax increases.

7 ( +7 / -0 )

what ever happened to the 2% that abenomics and kuroda promised years ago?

6 ( +6 / -0 )

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