I was just thinking with all of the tourists, in addition to all of the new immigration into Japan that the weak Yen may be intentional. I recall hearing something about how in the late 80s the international banking community used some finical tools to suffocate Japan's economy so I'm curious if there is something else going on with Japan right now.
I'm completely blind about what is going on with Japan in terms of its economic health. So curious if there are any explanations for Japan's weak Yen.
Yup, all this.
Weak currencies are always intentional, and this is why every fiat currency is devalued to 0 purchasing power over time, inevitably.
Just print money faster than your debt payments come in, idiot.
Yes, I am teaching a Modern Monetary Theory class. Why do you ask?