6 ms·
> In the early-80s, the Yen-to-dollar ratio was really high. This kicked off an inflationary asset bubble within the country that lasted for several years. I b
by ampdepolymerase 5y ago
> In the early-80s, the Yen-to-dollar ratio was really high. This kicked off an inflationary asset bubble within the country that lasted for several years.
I believe this is commonly referred to in geopolitics as the Plaza Accord.