32 ms·
Thank you. I live in Japan and it is incredibly frustrating to hear people here talk about the exchange rate as if it is some temporary but unfortunate weather
by jmknoll 4mo ago
Thank you. I live in Japan and it is incredibly frustrating to hear people here talk about the exchange rate as if it is some temporary but unfortunate weather condition, rather than the downstream effect of a generation of terrible policy decisions that it actually is
- rjh29 4mo agoProbably more accurate to say the bubble period was the weather condition and the current rate is more of an equilibrium.