business

Business circles mixed about Japan's intervention amid industry shift

4 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© KYODO

©2022 GPlusMedia Inc.

4 Comments
Login to comment

There is nothing speculative about the yen’s plunge.

It is entirely a consequence of dopey policies. And now they are cluelessly trying to paper it over.

I commented recently that JT commenters collective wisdom would make better policy than the clowns in charge, and that was reinforced yesterday.

1 ( +1 / -0 )

I commented recently that JT commenters collective wisdom would make better policy than the clowns in charge, and that was reinforced yesterday.

BOJ policy does exactly what it was crafted and intended to do with the LDP/Japan Inc. combine cohorts.

Balancing the interests of asset holders with a QE basic income for the financial industry and rentier capital holders.

With the interests of Japan Inc. export based firms.

The interests of workers, small business are utterly inconsequential to them.

0 ( +1 / -1 )

The yen fluctuations have always been of great interest, not only for myself but for the economy as a whole. I am fascinated with the basic love\ hate situation. When the yen is so weak like right now, factories that create products from raw material get to clear their warehouses, and profits soar, foriegn investment and tourism comes pouring in where its allowed, and basically the people, entities and markets manager that have lots of capital get to move cash around and so, make short term profits and long term investments. But, the domestic economy suffers higher prices and usually no or low income increases in the short or long term. It can also lower the public‘s opinon of themselves which ultimately leads to less spending in domestic markets, this can and normally does lead to higher interest rates and a sticking money under the matress mentality. Good or bad, Its all one neverending cycle, but very interesting.

0 ( +0 / -0 )

Japan has not been good for over thirty years and counting.

And….

An official at a major machinery maker said a weaker yen still works to help lift earnings when overseas profits are repatriated.

Which company because the other 99% are doing JS!

-1 ( +0 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites