JEast Posted September 27, 2014 Share Posted September 27, 2014 As the ¥en approaches the USD/JPY of 110, I believe we have entered a new phase. A new chapter in the sense, that (though they should) other Asian countries will not just sit by and do nothing. They too will start to join the fight to keep exports up and start exporting non-inflationary impulses across the seas with their currency lowering efforts. I know and not to insult, but the whippersnappers are sure to say I see inflation all over the place. You are probably correct from an individual perspective, but not in the fullness of the aggregate. Your extra 5¢ on tomatoes does not compare to Boeing lowering a $300m plane by 5%, or Nissan lowering their retail prices by 7%. Anyway, just thought it time for a new thread on the macro drama. Cheers JEast Link to comment Share on other sites More sharing options...
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