2024年4月29日月曜日

Weak yen is Japan's policy.

 Weak yen is Japan's policy.

09/15/1985 ($260.92) - Japanese economy at its best

09/22/1985 - Plaza Accord to devalue USD against JPY (Beginning of Japanese economic decline)

10/21/2011 ($76.07) - Japanese economy at its worst (26 years of decline in economy to get this low)

12/26/2012 Abenomics to devalue JPY (Beginning of Japanese economic recovery)

04/26/2024 ($158.09) - Japanese economy revived (It took 12 years to since Abenomics)

https://www.google.com/finance/quote/USD-JPY?sa=X&sqi=2&ved=2ahUKEwjF6-Lf-OaFAxWkrokEHRZHCDAQmY0JegQIDxAp&window=MAX


The United States should welcome, not oppose, a government in Tokyo that wants to make the U.S.-Japan alliance more equal

The United States should welcome, not oppose, a government in Tokyo that wants to make the U.S.-Japan alliance more equal. That's exactl...