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Wednesday, April 17, 2013

Tofugu: "What Does A Weak Yen Mean?"



Tofugu.com has a good article on "What Does A Weak Yen Mean?"

The article reiterates what I have been saying for months:
Chances are, if you’re reading this you probably live outside of Japan. In that case, good news! The weak yen is pretty much an all-around Good Thing for you. Foreigners, for the most part, benefit a lot from the weak yen. 
If you’re planning on visiting Japan sometime in the near future, then even better!
Currently, one dollar will buy a visitor to Japan roughly ¥98 in Tokyo in exchange.

To read the full article, go here.

1 comment:

Gary said...

Simple. Running the printing press 24-7 and devaluing the yen.

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