Any Japanese friends here on #nostr willing to share insights on how rate hikes will affect you?

#japan #grownostr #plebchain #bitcoin nostr:note1uhg7dt0wq7td3yyvyfnte7k9ppzrnxj50acax6qkq4p459j23eksh3qvy9

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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.