Any Japanese friends here on #nostr willing to share insights on how rate hikes will affect you?
#japan #grownostr #plebchain #bitcoin nostr:note1uhg7dt0wq7td3yyvyfnte7k9ppzrnxj50acax6qkq4p459j23eksh3qvy9
Any Japanese friends here on #nostr willing to share insights on how rate hikes will affect you?
#japan #grownostr #plebchain #bitcoin nostr:note1uhg7dt0wq7td3yyvyfnte7k9ppzrnxj50acax6qkq4p459j23eksh3qvy9
Thanks 🙏
Followed.
Currently, the overall sentiment is that inflation is slowly rising.
Unions have requested to get a pay hike, most of the big companies agreed, signaling that we might be entering a period of stagflation.
Now, the BOJ can’t save the currency AND the bond market.
The yen has crashed, but who knows what’s to come.
There’s a great video by Prof St Onge about it on Utube.