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Inflation is high around the world. I had considered at one point getting ahead of it and putting some into other currencies, but the ones I checked inflated a
by silisili 4y ago
Inflation is high around the world. I had considered at one point getting ahead of it and putting some into other currencies, but the ones I checked inflated above USD even.
- eru 4y agoJapan has pretty low inflation.
- silisili 4y agoThe Yen has fallen like 30% against the dollar over the last 3 years. That would be quite the haircut...
- eru 4y agoNo argument from me there. I was just making the narrow point that consumer prices in Japan have seen only modest inflation.
- silisili 4y agoThat's really interesting. I'd noticed a lot of countries just kind of seem to peg against the dollar and prices rise similarly. So how does that work in Japan? I'm guessing by necessity imports have inflated. But perhaps domestic stuff has not? IE a loaf of bread is still worth X yen, even though globally X yen has become a lesser amount?