damn…with japanese wages so sticky this is going to be rough (esp for a country not used to inflation at all)
“Import prices in yen terms soared 46.3 percent, the biggest gain since comparable data became available in 1981. The figure compares with a 19.1 percent gain in export prices, the BOJ said.”
If we can get the USD up to 150-200, I’ll have enough USD generating assets that I might seriously consider retiring here. JPN wages aren’t worth the effort, these days. We’re turning into Thailand, guys 🙂
Costco coffee used to be ¥1800 or so. Went to Costco yesterday and it was like ¥2300! That’s nuts.
That’s alarming… We might be on the cusp of spiraling into hyperinflation, as Japan cannot raise federal interests like other countries usually do to reign in inflation.
Japan government calls for officials to review ties with Unification Church https://www.reuters.com/world/asia-pacific/japan-govt-calls-officials-review-ties-with-unification-church-2022-08-22/
6 comments
damn…with japanese wages so sticky this is going to be rough (esp for a country not used to inflation at all)
“Import prices in yen terms soared 46.3 percent, the biggest gain since comparable data became available in 1981. The figure compares with a 19.1 percent gain in export prices, the BOJ said.”
If we can get the USD up to 150-200, I’ll have enough USD generating assets that I might seriously consider retiring here. JPN wages aren’t worth the effort, these days. We’re turning into Thailand, guys 🙂
Costco coffee used to be ¥1800 or so. Went to Costco yesterday and it was like ¥2300! That’s nuts.
That’s alarming… We might be on the cusp of spiraling into hyperinflation, as Japan cannot raise federal interests like other countries usually do to reign in inflation.
Yamete inofureishio sama
The Putin Price Hike