yen has plummeted for 14 days, but Japan did it on purpose. What exactly did Japan aim for?
Japan is depreciating very fiercely now. As of April 28, the yen has plummeted for 14 days, and the exchange rate against the US dollar fell below 130 yen, a new low since April 2002.
After the United States raises interest rates, the US dollar returns to attract overseas investment. In contrast, investment in other countries will decrease, and Japan is naturally no exception. Faced with this situation, Japan did not raise interest rates. Why?
There is now a voice on the Internet that said that the US dollar harvest was not going well. As the younger brother of the United States, Japan took the initiative to depreciate the yen to help the United States.
Do you think Japan is really so kind?
does not rule out that Japan has the idea of supporting the US dollar, but it is more for itself. Japan deliberately devalues the yen.
Why is Japan intentional?
Many people may not know that since 2001, Japan has been in a deflationary state, and was born in this period of time, and it is even called the "deflationary generation". Over the past 30 years, Japan has been trying many methods and even used the trick of actively raising prices, but the result is still nothing.
The world is in inflation , why is Japan deflation?
html After the real estate bubble in the early 1990s exploded, the Japanese people's desire to buy and consume began to decline. If the effective demand is insufficient, companies will not make money. Once companies do not make money, they will not be able to afford jobs and have less salary. Then Japanese people will not want to consume, and the economy will continue to be sluggish, and it will be like this vicious cycle.
Faced with this situation, can Japan not be in a hurry?
Now, large inflation is sweeping the world, and Japan has finally encountered an opportunity to stimulate inflation. Do you think he can miss it? So no matter whether you other people raise interest rates or shrink the balance sheet , Japan wants to be monetary easing and release money on a large scale to stimulate the economy. But you said that the yen is depreciating sharply now, but the prices of imported goods have risen. Can the Japanese people agree that Japan continues to do so?
