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It's great because the very statistics he cites are proof that Japanese consumption has fallen and deflation is still happening. A strong yen is terrible for Ja
by jaggederest 15y ago
It's great because the very statistics he cites are proof that Japanese consumption has fallen and deflation is still happening. A strong yen is terrible for Japan, they want inflation. A high current account surplus means that they can't find enough demand domestically to sell all their stuff.