Advocating yen depreciation.
As most investors in US stocks are aware, there are some stubborn individuals among Japanese stock investors who wish for yen appreciation.
Setting aside the market, let me just talk about the relationship with Japan.
The elderly generation has a tendency to criticize the depreciation of the yen as an investment like NISA. However, for Japan as a whole, a weak yen is the best financial policy. Guiding the yen higher is nothing more than maintaining the current situation within Japan.
It cannot be ignored that Japan has developed as an exporting industry since the post-war period. If the yen strengthens, the income of those working for export-related companies decreases, domestic consumption in Japan also declines, and ultimately the Japanese economy falls into deflation.
The theory that prices will decrease when the yen strengthens is just an urban legend. While gasoline and electricity bills may decrease slightly, there is no precedent for lowering prices for other commodities due to a stronger yen.
In the first place, the purpose of the Kishida administration forcibly guiding the yen higher is to improve the approval rating of the current administration. The so-called facade of 'the cause of the people's hardships is the weakening yen,' which has often been reported by the media, but the real cause is that real income in Japan has been declining year after year, and the inflation rate is very low, while overseas countries are experiencing normal inflation and rising prices.
The theory that a stronger yen makes overseas travel easier and lowers import prices is not realistic. Unless there is extreme yen appreciation, it cannot cover the gap in prices with overseas. Even in the United States, a normal meal costs about 2,000 yen, but this price difference cannot be covered by a stronger yen.
In conclusion, a weak yen is the best financial policy as long as the real income of the Japanese people does not increase significantly.
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Rice001 : no, the trip makes quite a difference lol
超長期投資家 OP Rice001 : Can you cover all the differences with overseas prices? You can't do it
misuril : I found the real one lol lol
人類 : The guys at Harvard and Oxford think about the people and act. The University of Tokyo nurtured slave culture and is thriving. The times are gone... waste
sorry 
mrhudson : The problem is domestic demand is down to minimum in this country!
超長期投資家 OP 人類 : Since the proportion of elderly people among voters is too high, various policies are inevitably closer to the elderly.
It's sad.
超長期投資家 OP mrhudson : Since it is not a country like the United States, Japanese society cannot be built on domestic demand
mrhudson 超長期投資家 OP : All too common, which is exactly the reason why right at this point Japan is putting up its key interest rate while the whole planet is cutting it - excessively relying on foreign demand.
超長期投資家 OP mrhudson : The average annual income is about 2/3 of the US, what is the reason?