Take our user survey and make your voice heard.
nagual comments
Posted in: Prices set to rise in Japan for over 10,000 food items on weak yen See in context
Its true that the BOJ has chosen a path that favors businesses and large corporations over consumers. However, they are not entirely to blame for the weak yen. The problem is that the monetary policy of other G7 central banks has been tighter. The BOJ does not have a choice here, either they support the yen and crash the economy or they support the economy and crash the yen. Its much better that everyone has jobs with 15% higher prices than for 5 or 10 percent of the people to have no jobs.
Even with the way things are Japan is doing significantly better than every single country in the world on inflation and food prices including the US.
0 ( +0 / -0 )
Recent Comments
bass4funk
Today
12:31 pm JST
Posted in: Trump meets former Japanese PM Aso; criticizes strong dollar against yen
Jacobo
Today
12:30 pm JST
Posted in: Japanese 'sugar baby' gets 9 years for scamming men out of ¥155 mil
Raw Beer
Today
12:30 pm JST
Posted in: Drugs like Ozempic won’t ‘cure’ obesity but they might make us more fat-phobic
shogun36
Today
12:29 pm JST
Posted in: Trump meets former Japanese PM Aso; criticizes strong dollar against yen
