business

A falling yen may not be the economic cure Japan seeks

4 Comments
By Tetsushi Kajimoto and Leika Kihara

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4 Comments
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120 or higher would be where it should be.

-3 ( +1 / -4 )

Yen gained four Yen in strength today. SO wrong.

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Given massive trade surpluses, built up over generations and parlayed into overseas assets, there’s a very strong argument that the US$/Yen rate should be under 75. The US should be taking the lead in weaponising currency to force mercantile minded regimes like Japan’s to finally accept quid pro quo reciprocity and get with the program.

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Stability of the yen is what's really needed, but can the Government afford to do so, and if it tries to do so, will it fail due to outside forces (China - notably) who appear to have a plan in execution at present.

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