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Full Version: Dont laugh! The yen pays the price for a timid Bank of Japan
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Once a country depends on Tourism, it is the start of declining of its economy.
Means this winter got many sinkies flooding Japan again
How much the domestic private sectors owe the bank is important to the economy. The private sector is always the economy's driving engine, and banks are the government's most important tools to manipulate monetary policy to achieve economic growth. Banks usually charge higher interest for credits. If the domestic private sector credits given by the banks in a country are high, the private sector in that country will have to work harder to earn a living and cannot contribute much to the economy.
(20-10-2024, 07:46 AM)RiseofAsia Wrote: [ -> ]https://www.japantimes.co.jp/commentary/...-of-japan/

Japenis got to follow "advice" from BIG brother, Assmerica!  Rotfl

老大哥要收割,你往那里逃?  Laughing
If they are not timid we are all dead

The US should do a massive currency swap to stabilise the Yen.

Thjs us not to he'll the Japanese but to help themselves