Japan's Deflation Problem...

TheWeatherman · 12-02-2009, 12:55 PM

Really? I'd hate to have the US Dollar able to buy so much around the world. I do see the problem, because those of us with weak currency, we can't afford the products from strong nations. Check this out...

Bank of Japan loans target deflation - CNN.com

Unreal.

Japan: "Hey, our Yen is worth too much! What can we do? Let's do what the Americans are doing to de-value us!"

phelan · 12-02-2009, 12:56 PM

I miss the times when 1 USD = 128ish yen...

Nick911sc · 12-02-2009, 08:18 PM

Devaluing the Yen will make Japanese products more affordable for export, therefore stronger economies will venture to Japan for their products. It's a pretty common practice by primarily exporting nations. Look at China, their money is pegged to the US dollar for the sole fact that if the US dollar drops so will China's, allowing them to always underprice countries like the US making their exports the most affordable.

12-02-2009, 12:55 PM	#1 (permalink)
TheWeatherman Enthusiast Member Join Date: Mar 2009 Location: Milwaukee, WI Posts: 265 Drives: 2009 370Z 6MTw/Sport Rep Power: 16	Japan's Deflation Problem... Really? I'd hate to have the US Dollar able to buy so much around the world. I do see the problem, because those of us with weak currency, we can't afford the products from strong nations. Check this out... Bank of Japan loans target deflation - CNN.com Unreal. Japan: "Hey, our Yen is worth too much! What can we do? Let's do what the Americans are doing to de-value us!"

12-02-2009, 12:56 PM	#2 (permalink)
phelan A True Z Fanatic Join Date: Apr 2009 Location: CA Age: 38 Posts: 9,513 Drives: Scoobaroo Rep Power: 3406	I miss the times when 1 USD = 128ish yen... __________________ 凛 ('Rin') - 2009 Nissan 370Z With silence comes peace. With peace comes freedom. With freedom comes silence.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Z car meet in Japan	AK370Z	Nissan 370Z Photos / Spyshots / Video / Media Gallery	15	07-22-2009 06:05 PM
Going to Japan....	rreign	The Lounge (Off Topic)	27	07-16-2009 03:47 PM
Going BACK to Japan...	BrianUSMC	The Lounge (Off Topic)	13	06-28-2009 04:46 PM
Mystery Exhaust in Japan	SoCal 370Z	Nissan 370Z Photos / Spyshots / Video / Media Gallery	20	05-05-2009 07:56 PM
Hello from japan	hashiriya13	Introduction	13	01-04-2009 05:41 PM

12-02-2009, 08:18 PM	#3 (permalink)
Nick911sc A True Z Fanatic Join Date: Feb 2009 Location: Long Island, New York Posts: 1,698 Drives: 2010 Nissan GT-R Rep Power: 20	Devaluing the Yen will make Japanese products more affordable for export, therefore stronger economies will venture to Japan for their products. It's a pretty common practice by primarily exporting nations. Look at China, their money is pegged to the US dollar for the sole fact that if the US dollar drops so will China's, allowing them to always underprice countries like the US making their exports the most affordable.