4 ms·
I suspect the real problem is the purchasing power parity vs. the foreign exchange rate. The two can be quite different for a lot of reasons that I don't want t
by jovial_cavalier 3y ago
I suspect the real problem is the purchasing power parity vs. the foreign exchange rate. The two can be quite different for a lot of reasons that I don't want to get into. But the upshot is that to raise the prices denominated in yen such that foreign scalpers won't bother may also muscle out the domestic hobbyists.
- skybrian 3y agoAnd indeed, it looks like the yen has gone down significantly [1]. So that's more tourism and more exports. [1] https://asia.nikkei.com/Business/Markets/Currencies/Yen-tumbles-to-153-against-dollar-on-U.S.-inflation-raising-intervention-risk https://asia.nikkei.com/Business/Markets/Currencies/Yen-tumb...