※Translated with Notion AI. (Plus version)
The reality of what was predicted on 4/22, the world of 1 dollar = 160 yen is coming soon (click), is approaching.
Yesterday’s Nikkei newspaper featured numerous titles related to yen depreciation.
☞ Yen depreciation ‘material for policy judgment’
☞ Bank of Japan Governor: Determining the impact on prices
☞ Additional rate hike postponed
☞ Bank of Japan maintains status quo, market disappointment
☞ Intervention of yen buying, surveillance
☞ Prices, yen depreciation not significant
After nearly 30 years working for global investment banks, I am convinced that the era of “Japan, where everything is cheap” will cease to exist.
Prices similar to New York and London are imminent.
In a few years, a world of 1 dollar = 200 yen will be near.
It’s not ‘yen depreciation’
that’s challenging now.
The ‘yen appreciation’ up to now was abnormal.
