Tell_me_bout_it comments

Ironic how Japan is getting kicked at the back after so many years kissing US's arse. Japan does anything but actually caring about its own workforce.

Even now they are sacrificing the wellbeing of locals for the sake of tourism. Prices record inflated, locals barely surviving with minimin wages. We can barely travel abroad. Now more recession is expected due to tariffs. We cant catch a break.

All while tourists enjoying weak yen, filling subways, littering streets.

Japan will not do anything against US. Just as before, just as always

Japan is becoming local un-friendly.

garypenToday  04:55 pm JST

Trump said something that wasn't true????

What is not true about this?

What has Japan done in the span of 3 years now? Out of like 12 chances to increase interest rate in order to control this crazy yen-weakening, they only did it twice, with a couple of times Yen-buying. It is purely because of Japan's own policy that Yen lost 40% of its value and now we are eating 200 yen apples and forget about travelling abroad.

Japan is only thinking about Exporters and inbound tourism.

"Security has been ensured throughout the country, corruption has been eradicated"

I have my doubts. Counties in Middle East and Central/South Asia with Islam as majority religion are notoriously corrupt and it is very difficult to eradicate it. I'm sure it is not about religion. There must be a different culprit.

San-Ikukai Hospital, the four-story building in eastern Tokyo's Sumida Ward

Why, my son came to world in exactly this hospital two years ago. I would have never thought.

You never know what tales the walls around us, the earth beneath our feel can tell. We are too busy to even think about what could have happened here and there.

this will probably have ripple effect on other staples too? Like wheat/bread, potates, etc?? We can't catch a break, can we?

Apples are not worth it anymore. You can rarely find 200 yen a piece.

rainydayToday  08:50 am JST

And don’t trust the US ever again.

Hope Japan is watching

The government has set an ambitious target of almost doubling tourist numbers to 60 million annually by 2030.

So BOJ wont do something about weak yen until they hit 60 million visitors. Nice, thank you.

Japan doesnt need foreign labor. JGov only care about tourists to fill coffers in short run

Inflation keeps going up. I dont think "very competent" BOJ will raise interest rate next year either. So JPY, may you fly high next year too! Aim for 180 against USD.

SDCAToday  10:14 am JST

Someone sensible in the government: Wait, didn't we already do this before? Isn't this the reason why we got here in the first place?

Those who don't learn from history are doomed to repeat it...

We are talking about 65+ yo ojisantachi. They are working with the principles of 80ies, 90ies...

Japanese are not very good at confronting others, epseciallty the US. He could not do it even if he wanted to.

BertieWoosterToday  09:07 am JST

What is needed is to lower taxes

If that is done, who is gonna appease the good ol' US with stupid spendings on military?

The poor thing is already weak beyong repair. What next? JPY200?

電車員？or 電車に？(Densha ni)

I also "stand ready to take appropriate steps against volatile yen moves at any time".

I also think "that currency moves should be stable, reflecting economic fundamentals."

I also "not rule out the possibility of a rate hike in July depending on incoming economic data."

I can now become a Chief Finance Minister of Japan, nice.

And after all my remarks above the dollar remained in the upper 159 yen zone. So nice job to me.

so much attention for the tourists that are here for a week or two.

No love for migrant workers who have been paying taxes to this impotent "ossan" government all these years. All our hard-earned salaries in yen does not even buy us 2 plane tickets a year.

Good luck filling up all those empty jobs caused by decreasing JP population, if you keep valuing tourists more.

But but, our tourism sector is bringing lots of money...

But but, tourism must first make up for all their loses that were during pandemic before we do anything about our monetary policy...

But but, we must do million more meetings before we change our policies...

RedemptionToday  06:12 pm JST

Toyota just had best profit ejaculation in its history! Blew the roof.

Yet their stock went down, interestingly

Fighto!Today  04:56 pm JST

Will other restaurants, bars and shops around Japan follow suit?

They should. If JGov doesnt care about locals and cares that much about inbound tourism, locals should take matters into their own hands and charge tourists even more.

Kazuo Ueda said at a press conference after the meeting that he currently sees no major impact of the yen's recent sharp decline on prices

72 year old Ueda for you

BOJ will be watching the ForEx even more closely now. They really like to watch ForEx.

72 year old Ueda

71 year ol Suzuki

LMAO

The two "shared serious concerns about the recent significant depreciation

How their "seriously concerned" talks went:

Korean Finance minister: Our currencies are performing badly apparently, that's what my assisstance tells. how is the situation in your country?

70-year old Suzuki, struggling to stay awake: I think ours too. But no-one cares I think. None of our citizens raised any actual concern. No-one complained. They never do. It's always the "kuso gaijins". Let's just play this mummer's farce and act concerned for those journalists.

Prime Minister Fumio Kishida's government has repeatedly asked business leaders to increase wages at a pace exceeding inflation.

They can ask however many time they like, wages are only revised once a year - in April.

The impact of the "shunto" spring wage negotiations that saw the highest pay increases in 33 years at major Japanese companies will be reflected in future data, according to the ministry.

Again, that 5.2 percent increase will be effective from April salaries. by the end of 2024 JGov realise it was not enough and they can ASK companies to increase again. Only that to happen in April'25.

This is a vicious cycle. Prices keep increasing 365 days a year. But your salary can increase only once.

sakurasukiToday  04:22 pm JST

So BOJ still give no effect to foreign exchange in Japan?

The most useless establishment ever, really. They had one job. Whatever Kuroda and Ueda do at this point only serves to futher damage lives of people in Japan. Only the rich is getting richer.

Many companies in Japan have their annual salary revision in April, once a year. (Imagine the calamity of poor corporations if it was multiple times a year.) We will see next month, in person, how our wages have increased same percentage as previous years, bare minimum. Then J'Govt can keep their stupid ultra-loose monetary policy and will try again in April'25 to nicely ask corporations to increase employee salaries. Same sh*t, every year.

Why cheerleaders are necessary? Just have another Koshien for girls too so that they can represent their schools as players.

fxgaiToday  03:38 pm JST

(I’m not going to be buying myself though, quite happy with my global equities.)

It’s not their (our?) fault.

You are quite the humble guy, arent you haha? good luck