50% devaluation in 4 years
Discussion
WTF?
Well, close to, not quite, I’m not keeping up with the math
Nvm only 30%
How about domestic prices?
Domestic inflation is supposedly around 2.6%… Japan needs to import almost all of its oil tho so I don’t know how this can last for much longer.
Japan exports a lot though. Prob balances out 🤷♂️
Yeah weak yen will help exports in the short run for sure… but damn, I guess we won’t be seeing Japanese tourists parading around the globe 😝
But yeah coal too. Japan is largely reliant on Australia too
42.57% but whatever… this thing is well on its way to 200 🤯 