Japan’s Massive Money Experiment Is Over. Now What?

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Күн бұрын

On March 19, Japan’s central bank ended its latest economic experiment. The BOJ scrapped the world’s last negative interest rate policy, with the first rate hike since 2007. The move ends the most aggressive monetary stimulus program in modern history, signaling confidence that the country is finally leaving behind years of deflation and economic stagnation. How will this massive shift disrupt everyday lives across the country and beyond?
Read More on Bloomberg: www.bloomberg.com/news/featur...
00:00 - Introduction
01:14 - The Japanese economic miracle
02:37 - Bubble burst
03:18 - Decades of deflation
04:23 - Era of QQE
05:40 - Inflation comeback
06:52 - BOJ ends negative rates
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Пікірлер: 1 800

@business Ай бұрын

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@stephenstilwell1488 Ай бұрын

thank you ASIAN BOSS!

@LeeSeng Ай бұрын

Usa financial crisis is coming. Remember year 2000 and year 2008?

@KingUnKaged Ай бұрын

Not sure that the future generations paying down that $8 trillion in debt will share your perspective...

@joaquinvaleri7022 Ай бұрын

I say i'm from Argentina 🇦🇷

@ilonaswet Ай бұрын

@business higher energy costs due to the Russian invasion! Not the Ukrainian war…

@RabidPanda Ай бұрын

all i heard was everythings gonna be more expensive now. in an enthusiastic voice

@ryanfeldpausch858 Ай бұрын

Right? I'm sitting here wondering what's the upside? Like great, now since mortgages are going up housing speculation can start again? Oh sweet, pensioners who've been stable on their income for the last 30 years are going to have to tighten their belts and adjust their spending again? The employees outside of the trade unions who don't see a 6% raise are going to struggle to finding housing and food? Wow what a dream! At least those with numbers can see those numbers go up.

@drgenio2006 Ай бұрын

@@ryanfeldpausch858 Japan's debt is more than twice its GDP. The pensioners who have been living on that same income for 30 years did it at the expense of future generations. It's exactly what we were doing in Argentina in the 90s: we had a fixed value currency (1 peso = 1 USD) but to maintain that rate we kept borrowing and borrowing until no one wanted to lend us anymore. Japan just managed to do it for 30 years, and now they're paying the consequences (or rather, their kids).

@sr.antipiro8669 Ай бұрын

@@drgenio2006 What kids?

@sablesoul Ай бұрын

@@ryanfeldpausch858 The upside is Japanese people now have greater purchasing power globally. People come to Japan to enjoy the extremely cheap food and services with their way stronger currencies. What can the Japanese do with their weak currency outside of Japan? They basically sacrificed the growth of the economy for younger people to sustain the lifestyles of older people.

@Kaparzo Ай бұрын

@@sablesoul Perhaps not unrelated to what you said, the Japanese have less and less interest in going abroad anyway. So the yen being stronger is not such a boon compared to for example Europeans/Americans using their currency abroad.

@MrTandtrollet Ай бұрын

Living in Japan these past 30 years is pretty pleasant though if you realised that chasing never ending growth isn't the purpose of life.

@Xind0898 Ай бұрын

Japan has highest suicide rate, dont equate your expat life with the average population's life..

@tatsumasa6332 Ай бұрын

And living with 10 trillion USD of debt.

@rediebearexabior8585 Ай бұрын

We are talking about the geopolitics here, not philosophy

@HermanWillems Ай бұрын

@@tatsumasa6332 lol and you don't mention the debt of Japan. You are extremely biased.

@tatsumasa6332 Ай бұрын

@@HermanWillems That's what I was saying; we live with 10 tril USD of debt here in this country.

@haiontop Ай бұрын

Japanese can finally experience rising price like the rest of the world. Who wouldn't want their living cost double every decade or two.

@TheBooban Ай бұрын

Exactly. Japan has done very well.

@Dendarang Ай бұрын

@@TheBoobanJapanese salaries have stagnated for the past 30 years and are now on par with Italy's when in 1990 they were higher than American ones.

@TheBooban Ай бұрын

@@Dendarang so like the Italians must be really enjoying their high wages. Someone should tell them they are rich.

@flackstar007 Ай бұрын

It's mostly an economic game to play with the numbers to infer the image of a middle class more then actually supporting a middle class. So I can guess that with the recent events causing the middle class to see beyond the image presented the government of japan is now keen to shift the model the image is based on to then re-present it back to the public to regain the image of the status quo.

@TheBooban Ай бұрын

@@flackstar007 and how is the middle class doing in the west? Just amazing we all so critical of Japans stagnation policies when the west has undergone economic decline for the last 30 years. Japan is no fool. They are long term and know what they are doing.

@ericmorin9764 Ай бұрын

“Since the end of WWII, Japan has been ground zero for …” I nearly spit out my tea.

@dmitrykim3096 Ай бұрын

Godzilla Minus One😊

@gordongekko2781 Ай бұрын

Yes. Very poor choice of words.

@trollingisasport Ай бұрын

"The economy after WW2 was explosive."

@atso9453 Ай бұрын

Like they didn't deserve it.

@onezerotwo Ай бұрын

I DID almost lose a mouthful of coffee this is like the time a local politician for me, in a photo op standing next to a couple of disabled ladies in wheelchairs said "we all stand together for the rights of disabled people."

@inf11 Ай бұрын

I like how this video skips why 'bubble' happened in first place, when USA were threatening Japan with sanctions and forced it to change monetary policy.

@dishboy14 Ай бұрын

It’s insane they never mentioned the Plaza Accord of 1985! It was a key factor in the bubble era

@robw6954 Ай бұрын

I wonder where 'Bloomberg' is located and why they would have an active interest in not mentioning the economic war the US waged against its biggest rival of the 80s.

@Kxycxx Ай бұрын

I knew there just had to be propaganda somewhere in the video, so thanks for confirming it

@treyshaffer Ай бұрын

@@dishboy14 You say it was a key factor in Japan's bubble (and subsequent stagnation), but then why didn't the same thing happen in France, Germany, or the UK? The Plaza Accord was between the US, UK, Germany, France, and Japan with the aim of depreciating the US Dollar relative to all of their respective currencies. Why didn't Germany stagnate, but Japan did?

@lavahawk Ай бұрын

I got the vibe that they were just trying to get to today rather than explain why things were the way they were

@TravelChannelOne Ай бұрын

Hats off to Kurumi for compressing 32 years of BOJ activities into a 8 minute video....my econ professor lost me at the Asian crisis....

@kurtkobain7445 Ай бұрын

And all the people shown at 8:36 who actually made the video!

@takbirgurung6146 Ай бұрын

@@kurtkobain7445 We cannot forget them.

@minilamma4879 Ай бұрын

my econ teacher lost me at supply and demand... that was at the very start of the year

@kaveman_4242 16 күн бұрын

@@takbirgurung6146who?

@brovarnyi Ай бұрын

All in this video just shows that Japanese lived the best lives and now they would feel the same disappointment as we all.

@RikerLovesWorf Ай бұрын

We're not disappointed at all.

@tf-ok Ай бұрын

@@RikerLovesWorf who asked?

@itsmederek1 Ай бұрын

@@tf-ok You by making a very strange statement about a people you dont know lol

@wellytms4713 Ай бұрын

⁠⁠⁠⁠@@itsmederek1 It seems that you also made the same mistake by making a statement about people you don’t know.

@ivann9924 Ай бұрын

@@wellytms4713 It seemed like you have done the same

@kumatoni5245 Ай бұрын

Lived in Japan for a long time, and their economy proved that once you get to a certain level, you don't have to be constantly straining for endless growth.

@Vyrkhan Ай бұрын

It means being rich. Until that happens you continue to grow. Not the same thing as stagnation where everyone feels “comfortable” but in reality they’re accumulating a massive debt. Like current Japan.

@iamthinking2252_ 29 күн бұрын

Though those that can, move very far south for higher wages and quality of life

@Blackwingsss 28 күн бұрын

Easy to say it on borrowed money.

@Remote-Planet 27 күн бұрын

@@Blackwingsss to who though? yes, it's their central bank but they just created the money out of thin air so it is literally no different than me printing monopoly money, tell you it has purchasing power, and then handing it over to you in exchange for interesting using the money I just created as payment--yet there is literally not enough money in existence to payoff both the principal and interest owed (unless you have negative interest rates). What I'm trying to say is this debt (as well as the US debt) is not just fictitious, but one of the greatest fraud schemes of all time.

@jecko980 25 күн бұрын

Until you start to stagnate and your future generations have to pay your debts

@Gounesh Ай бұрын

Think an economy so strong that even printing money results in deflation.

@drgenio2006 Ай бұрын

If their economy is so strong why do they have 260% of their GDP in debt?

@nakoamechi Ай бұрын

@@drgenio2006 You can have both debt and strong economy, they are not mutually exclusive.

@noahsanchez5329 Ай бұрын

@@nakoamechi yeah paying interest on that debt effect your economy

@lwms120 Ай бұрын

sad world we live in@@nakoamechi

@HauloPaul Ай бұрын

@@noahsanchez5329 just print more lol

@TheEmolano Ай бұрын

Living in Brazil, I can't understand at all how no inflation could be bad. Imagine paying the same for rent and groceries for 10 years, even if your salary din't increase at all

@aesluden Ай бұрын

look up a video called 'inflation explained in 6 minutes'

@fluttzkrieg4392 Ай бұрын

Sou BR vivendo no Japão e é simplesmente assombroso o poder de compra aqui. Sou peão de fábrica e sim, trabalho muitas horas, mas consigo comprar um iPhone 15 Pro Max de 512GB em menos de 2 meses se eu quisesse. Isso ainda depois de pagar todas as contas, impostos, e valores escondidos que a empreiteira pega de nós. ¥10000 que é +- 1 dia de trabalho compra tanta coisa no mercado que algumas coisas até acabam vencendo pq não consigo consumir tudo sozinho. Pra se ter uma ideia, aqui da pra se comprar um kei usado (carro barato e pequeno, porém econômico e prático) por um preço menor do que o iPhone mencionado acima.

@KitOkunaru 28 күн бұрын

@@fluttzkrieg4392 provavelmente por que os carros Kei sao construido no Japao enquanto os iPhones sao importados, voce paga mais por que esse e o mesmo custo do pais de origem do produto.

@yhsun4796 25 күн бұрын

For the world having no inflation, money will not flow in the economic system. There’s no pulling for the money to the pool.

@BlackDragon-tf6rv 25 күн бұрын

@@yhsun4796 As the productivy increases, so does the value of the currency, if you get 0% inf that means that you're redistributing some of the value across a range of population or you're using it for another purposes, there's no sense in beliving that 0% inf is bad.

@forte9910 Ай бұрын

unfortunately this video completely skips the context to the leadup of the bubble, which was political pressure from the US and the plaza accord.

@wile123456 Ай бұрын

The crisis and aftermath of covid is a huge factor tho

@DBGE001 Ай бұрын

@@wile123456The covid crisis is a storm in a glass of water compared to the Plaza Accord.

@gregh7457 Ай бұрын

if you have to add the plaza accord then you have to add in the corrupt stock market deals and corruption at all levels of govt that caused the bubble to begin with

@owenhoong88 Ай бұрын

As expected, the western media are all part of the banking dynasty. Why would they make them look bad? 30 years had passed and only the Japanese can tell what's the social economy impact they faced. The young people around the world would probably didn't know about the event unless they do a research on Japan lost decades

@deleted-something Ай бұрын

@@DBGE001?

@TalEdds Ай бұрын

Stagnation is better than the price inflation with stagnant wages. Japan had things right, in the current world, where prices are doubling but wages are not changing. Infinite growth is impossible without infinite resources, Japan was being pragmatic, now they have lost their way.

@drgenio2006 Ай бұрын

260% debt to GDP ratio dude. They're living on borrowed money.

@TalEdds Ай бұрын

@@drgenio2006 What about the US? How is it any better?

@drgenio2006 Ай бұрын

@@TalEdds whataboutisms make you lose the argument immediately

@Tienisto Ай бұрын

@@TalEdds124.3%. Yes it is better

@mlc4495 Ай бұрын

Lol, what?!

@megustAslagt Ай бұрын

he says 'no inflation makes people attach a product to a certain price'. Well I live in a country with inflation and I do that. You can hear it around 'it used to cost only this much'. Everyone does that. I feel like it's human to attach stable values to things that don't change. That makes inflation so weird, because it's one of those human constructs that runs counter to human nature.

@TalEdds Ай бұрын

It is, they are hyping up greater costs which hurts consumers in the long run, and making it seem like their economy is now on track to somewhere better. More like its heading downwards again.

@N40AX Ай бұрын

I would care too much about it if my salary kept up with the inflation...

@uponeric36 Ай бұрын

Imagine if Bloomberg was honest and said it outright: inflation is theft.

@TheEmolano Ай бұрын

@@TalEdds the old man in the video summed it perfectly: they will be better for now, but they may be a lot worse in 10 years

@djojoreeves 25 күн бұрын

Yes its dumb, all it is is hiding that they are stealing from us, like how Rome shaved off gold on the coins, no difference

@Mirlo2hu Ай бұрын

Are the first few seconds supposed to be bad? Because it sounds incredible compared to what we have right now (rising prices & stagnant salaries)

@fly463 Ай бұрын

Yes it is bad cuz your debt to GDP ratio increases

@henkfinkers3931 Ай бұрын

Maybe we shouldn’t be putting ourselves in debt then?

@darthutah6649 Ай бұрын

Last I've heard, wages are going up in the US.

@BlackDragon-tf6rv Ай бұрын

@@fly463 Maybe don't take debt .. ?

@drgenio2006 Ай бұрын

@@BlackDragon-tf6rv that's the point. It's exactly what Argentina did in the 90s. we kept our currency strong by just taking loans and backing it with dollars. at one point it all crashed because we couldn't pay. Japan is just able to keep taking more debt.

@sneps-ix2th Ай бұрын

how can they make a video about japan’s modern economic history and completely ignore possibly the single biggest factor in its decline? not a single mention of the plaza accords is actually crazy

@matiszyszak4064 Ай бұрын

don't expect much from media owned by rich people

@gumerzambrano Ай бұрын

I was just in Japan for a month and couldn't believe how cheap it was. A water at Disneyland 200 yen which is $1.30. Super reasonable. Lodging and food was also super affordable

@HermanWillems Ай бұрын

Salaries in Japan are also very low. So there is that.

@kagakai7729 Ай бұрын

@@HermanWillems median income exceeds that of Germany and the UK, it's not even low for a developed country

@ervinmemeti6148 Ай бұрын

@@kagakai7729 i thought minimum salary is 7.5$ per hour in japan and in germany is like 12 euros

@kagakai7729 Ай бұрын

@@ervinmemeti6148 minimum wage is generally considered to be a less effective measurement of income than income itself.

@hiareeb Ай бұрын

If you compare with USD def cheaper, but the salaries were low too. Now that we will see positive inflation, there will be rise in prices but for local companies and their employees, the wages would remain almost same.

@libiroli Ай бұрын

BOJ still printing money (buying JGBs). That's why bond and FX markets ignored this rate hike. Central banks cannot fix real problems (demographics) and actually make some things worse (income inequality). Time to stop worshipping the printer and focus on making smart long-term decisions.

@TheBooban Ай бұрын

Japan is like the king of smart long term decisions.

@kageyamareijikun Ай бұрын

@@TheBooban like heavily restricting immigration for more than half a century and counting?

@randomdibwbdkc Ай бұрын

@@TheBoobanthe way they burst realty bubble caused stagnation for decades 😭

@TheBooban Ай бұрын

@@kageyamareijikun yes. I think most of us in the west admire Japan for this. Which is weird. Because practically everyone kept their borders except the west.

@TheBooban Ай бұрын

@@randomdibwbdkc stagnation better than decline as we got in the west.

@rafharold-xi8yt Ай бұрын

I'm from Venezuela, I'm blown away... almost 3 decades living with inflation, 2 presidents and more than 5 changes on currency

@Lawliet734 Ай бұрын

A place where prices remain the same is what I call paradise!

@HermanWillems Ай бұрын

But your salary also stays the same. I rather live in my country where my salary grows faster than inflation. :)

@user-yx2nl6le4l Ай бұрын

@@HermanWillems What country is that? Certainly not the US.

@Lawliet734 Ай бұрын

@@HermanWillems If you're not the boss, your salary is decided by someone else, and it will likely not grow faster than inflation. Higher labor cost increases inflation. To freeze inflation, all costs must freeze.

@Sammysapphira Ай бұрын

@@HermanWillemsThis doesn't exist

@N40AX Ай бұрын

@@HermanWillems As long as my salary allows me to pay my expenses and have a little extra for emergencies, I dont care. I dont want to be super rich or millionaire I just want to live a life with no worries in exchange of a full time job. Not a life of misery while being on a full time job.

@kevjn15 Ай бұрын

Inflation is a wealth transfer from the poor (cash holder) to the rich (asset holder). All small inflation does is hide bad companies by allowing them to lower your real wage without you noticing.

@FromBharatLens Ай бұрын

Could you please say more. I am intrigued with this definition and want to go a bit deep if you are open.

@tf-ok Ай бұрын

@@FromBharatLens Read/search: "Inflation and the Redistribution of Nominal Wealth"

@kcufhctib204 Ай бұрын

In reality it's the opposite.

@c4ss1usplayer Ай бұрын

@@kcufhctib204 any sources/explanations?

@Phonespider Ай бұрын

It's a wealth transfer to the government and bankers from everyone else. Asset holders break even at best. The gov/bankers get to spend their newly created currency and current prices but once that money goes into circulation prices go up. Inflation is not prices going up, the rise in prices is a side effect from the money creation (which is what inflation is.)

@Frosty2 Ай бұрын

Now Japan can experience the joy of rent doubling every few years. Woohoo!

@electrictutorial1 Ай бұрын

not gonna happen

@magicjuand Ай бұрын

rent is not inflation. rent is cheap in japan because they maintain a steady supply of housing. inflation is a whole other subject.

@Justin-pt2dq Ай бұрын

@@magicjuand Rent IS calculated in inflation, at least in the USA it is. Its not even true rent, its owners equivalent rent which understates actual rent costs.

@electrictutorial1 Ай бұрын

@@Justin-pt2dq when your population is declining and your housing supply is increasing, i'd beg to differ

@user-kw6vh2ls3f Ай бұрын

@@electrictutorial1 Lower population means fewer tenants, real estates(which are the supporting actor of nation economy) will not be happy, hence higher rent. Never trust capitalism to be reasonable and compassionate.

@anmolagrawal5358 Ай бұрын

3:33 Wait, what's the "problem" with that? I see that as an absolute positive. Clearly it is not that you're buying the exact same product. So that means they evolve with time while you get to purchase them for the same price with the same salary. This literally should be the goal if anything.

@iTuber012 Ай бұрын

Exactly!

@stevenhoir4805 Ай бұрын

It's about wealth and power for the government and elites. They play the long game of taking 2% of your wealth every year through inflation. They don't care about what is best for you. It's what is best for them.

@uponeric36 Ай бұрын

The very purpose of institutions like Bloomberg is to relabel a wrong to justify the crimes of financial institutions; all in the face of your intuition to makes you realize it's obviously wrong. Of course that should be the goal, and anything but that is an arbitrary theft. Yes theft. When inflation goes up, corporations get to raise prices and erase their debts. That decreases the value of currency, and makes your wage less effective. The corporations get to steal directly from your pocket via the fiat currency (any currency with a built in inflationary aspect) without ever having to actually take money from you. It's genius but should make any decent person sick once they understand the concept. It's government sponsored theft occurring in nearly every nation in the world for the exact purpose of control and benefitting corporations. It is the most prevalent corruption problem of the 21st century. It's anti-human in the very concept. The fact that Bloomberg and others peddle this disgusting propaganda should show you exactly what they think of their victims and who their aligned with.

@lunawense6288 Ай бұрын

It's not possible in a capitalist world. Realistically the yen should have been increasing in value in relation to usd etc because everything in Japan is the same price meanwhile you need 20 dollars for a plate of food when it used to be 10. But it's not gone that way. Corporations want to be greedy they want a bigger share and to sell everything for disgustingly high prices while barely raising wages. 50k used to bring true stability a home and a family and its now a low class wage in most major cities. Inflation is incredibly convenient for corporations to cut true wages. Look at Canada where a basic family home is a million dollars and your quite lucky to find a job paying over 100k 😅 We're all ending up poorer while rich people afford insane things they never could have I'm the 1960s it is not normal to own massive private ships and jet liners with enough money to solve entire world problems

@matthewlawton9241 Ай бұрын

Well see, rich people weren't getting MORE money. They want what YOU own too. Everything wasn't enough for them, they wanted more.

@gregh7457 Ай бұрын

they're still at zero and said they will step into the bond market if things get too out of hand so yield curve control is still going to be used. This was a non event. nothing has really changed

@Karlswebb Ай бұрын

They raised rates for the first time 2007. That wasn't even 2008.

@electrictutorial1 Ай бұрын

They're not at 0 they're 0.1

@Shrouded_reaper Ай бұрын

'non-event" buddy they are at 300% debt to GDP. The yen is a dead man walking, along with most other fiat currencies around the world.

@andreast2168 Ай бұрын

you trippin bro? or are you crying that the negative carry is no longer attractive?

@legendofman12 Ай бұрын

@@Shrouded_reaperYes, cyrpto is known for being super stable!

@nonam396 Ай бұрын

This just feels like pushing Japan to accept this western concept when they are doing perfectly fine in their own way. Just because you're telling them they are missing what's in America, they have to do something like this even though I dont get whats wrong with the prices all being relatively constant as too the salaries

@marsing69 22 күн бұрын

The video is explaining what the Bank of Japan is doing, why, and interviewing Japanese people about what they think. How is this pushing Japan to accept a "western concept"? No one is forcing the Bank of Japan to pursue these monetary policies, they are doing so of their own accord. The video explains how the Bank of Japan invented various policies that haven't been tried by other nations as well.

@nadirkhan7353 Ай бұрын

The Plaza accords is what happened....America put a stop to Japan's rise

@dishboy14 Ай бұрын

Bingo!

@Capt.Steele Ай бұрын

Oh yeah it's definitely some papers and not as severe demographic crisis and a cancerous work culture that prevents its population from starting families.

@gamingpanda8665 Ай бұрын

It exelerated the consumer market in japan leading to massive profits for everyone

@gamingpanda8665 Ай бұрын

Japan's stagnation is a result of other internal factors as well as china's rise as a cheaper alternative

@vilester Ай бұрын

Someone finally said it. MSM would never say it.

@DynamicUnreal Ай бұрын

Japan’s GDP per capita adjusted for purchasing power has been growing nonstop every single year even through the so called “lost decades.” As far as the purchasing power of the average Japanese, they have only gotten richer. Their economic system has worked well for them. Copying the rest of the West’s economic system will bring them nothing but boom and bust cycles and social division over wealth inequality.

@user-hc5cg3jc3i Ай бұрын

不过相对其他还在增长经济的国家购买力是下降的😂

@DynamicUnreal Ай бұрын

@@user-hc5cg3jc3i Don’t get tricked by the allure of raw economic growth. A major influence on raw economic growth is population growth. What you want to look at to see if a country is headed in the right direction is GDP Per Capita PPP. Japan is on a nice and steady upwards trajectory with no massive bust cycles since the early 90s. The average working person should not want inflation, it is a devourer of quality of life for the normal person and an accelerator of wealth for those who already have lots of assets.

@roomie4rent Ай бұрын

GDP per capita, PPP has grown for all the developed countries, not just Japan. Japan's growth lags that of the OECD so this metric you're citing only further illustrates Japan's stagnation.

@mamascookin Ай бұрын

Yes and it's one of the best with quality 2 so it's crazy

@DynamicUnreal Ай бұрын

@@roomie4rent Venezuela was once a developed nation and now it is clearly not so your statement is factually untrue.

@seltzer108 Ай бұрын

That "Your trips to japan could get more expensive" felt too personal haha. There was no need to attack the tourists! :D

@sony.a Ай бұрын

I'm stunned with amount of happiness on the faces and in the voices of reporters while they are telling (I'm paraphrasing) "Japan is finally facing the inflation" How malicious one have to be, to act like that?

@bushy9780 Ай бұрын

Because inflation is a holy sacrament in their international finance religion.

@ArafatHossain-oy9ol Ай бұрын

typical western stigma... I am surprised why you are surprised!!

@Tyrrituil Ай бұрын

means the financial sector can start skimming more value off the economy

@TheFunfighter Ай бұрын

Interesting. Just came back from Japan, and across the month during and before the trip, the Yen kept tanking. From the first time I looked up the current exchange rate to the end of our trip, it fell 15% in relative value to my currency. Guess I'll keep an eye on the exchange rate for a bit, to see how it develops.

@KyleHarris-dx9ns 15 күн бұрын

Sam Deymon strategies are simply amazing! I've tried so many different approaches to binary options over the years, but nothing has worked as well as Sam's methods. Thank you for sharing your knowledge and expertise with us - you're truly making a difference in the lives of so many.

@blurryface9910 Ай бұрын

This is an unfortunate, large-scale example of "don't fix what's not broken"

@genevi3680 Ай бұрын

and yet, people still had homes and food on the table. In the US, we have homeless increase and people use buy now pay later to buy food!

@Sofus. Ай бұрын

you have a reverse robinhood system

@richardconway6425 Ай бұрын

I think you're forgetting that there was a huge spike in worker layoffs after the property crash in 1990, which left many older Japanese men homeless for the first time. These people had worked all their lives, but were now living in tents beneath concrete elevated highways. I saw it many times on the news. This had never happened before in post war Japan. So it is not correct to think of Japan as being immune from the ills of other highly developed countries.

@TheBooban Ай бұрын

@@richardconway6425how many were there? 10?

@rzadigi Ай бұрын

Ohhh the poor USA with all their millionaires and billionaires. Someone please help 😂

@SimonVaIe Ай бұрын

@@TheBoobanjust because you're hiding them better doesn't mean they don't exist lol.

@HappyfoxBiz Ай бұрын

"we're already in debt so we might as well make things harder for everyone while forgetting to raise wages for people"

@user-gs6xl4wu6u 29 күн бұрын

Forcing the companies to raise wage might only result them to move to other countries instead like what has happened to USA

@HappyfoxBiz 28 күн бұрын

@@user-gs6xl4wu6u the laws are just way too relaxed, if minimum wage doesn't keep pace with inflation then that would just be inflation of cost and deflation of wages which would have all the smart people move to where all the money... Corporations would move out anyway, you might as well separate the wheat from the chaff.

@nulnoh219 Ай бұрын

Cant halt deflation if your population don't increase. Less workers to produce less products for less consumers.

@saltymonke3682 Ай бұрын

Unless heavy automation is in place to make Japanese more efficient, thus increasing their median income.

@TheBooban Ай бұрын

Less workers means more demand and better wages. Stop believing this stuff the media is peddling. Not changing for 30 years is much better than the economic destruction the rest of us have gone through during this time.

@protorhinocerator142 Ай бұрын

@@saltymonke3682 Long term this leads to a population of robots.

@priyanksaklani8176 Ай бұрын

@@saltymonke3682automation only increases productivity but what about consumption? Without population increases there won't be any consumption increases. Also productivity and income don't go hand in hand especially since 1970's

@dmpi483 Ай бұрын

Actually its: Less people cause less demand for products while production remains the same or doesn't fall enough.

@StandstillYouTube Ай бұрын

There are only 3 types of economies: - Inflationary - Japan and - Argentina

@Kni0002 Ай бұрын

Zimbabwe & Venezuela too

@ugwuanyicollins6136 Ай бұрын

@@Kni0002 Hungry too They had the worst hyperinflation in history

@fabianmok2206 Ай бұрын

Which famous economist said that again? Really rings a bell

@isminivermekistemeyenmahmut Ай бұрын

4 - Turkey Our economy is being ruled by a man with dementia

@LB-yg2br Ай бұрын

4 -developed -developing -Argentina -Japan

@danielbcd7620 Ай бұрын

sir we have inflation because of... BOJ: a win is a win

@electrictutorial1 Ай бұрын

it's more like the government was going to step in if the boj didn't do anything, so the boj took the hint and did it first.

@Abbas_Meter_Reader Ай бұрын

Here in Japan, we can literally get a loan from bank @ -10% interest rate, Means we get money from bank against loan

@electrictutorial1 Ай бұрын

@@Abbas_Meter_Reader here in japan, where i actually live, no you in fact cannot.

@Abbas_Meter_Reader Ай бұрын

@@electrictutorial1 are you Japanese? Hello my dear courty fellow. Mee how, chemong, shom shom, chengruba ,

@electrictutorial1 Ай бұрын

@@Abbas_Meter_Reader cool racism bro

@sumitomoO0O Ай бұрын

what is better than stable prices and stable salaries? There is no need for inflation. IN fact for thousands of years prices were stable when using gold as currency

@sony.a Ай бұрын

It's the worst scenario for banks = rulers of the world. This is the situation where they cannot take away your house, your company, your land... when the economy is stable, when loan interests are low, when you know that you are in position to pay monthly rate, when there is no murky waters, then there is no room for speculation

@SkyRied1 Ай бұрын

@@sony.aBoohoo, poor banks 😢

@fly463 Ай бұрын

What you need to do is ~ increase consumption ➡️ increase demand ➡️ increase inflation ➡️ increase salaries ➡️ increased production ➡️ then increase consumption again...

@darthutah6649 Ай бұрын

The video said that wages were rising again.

@darthutah6649 Ай бұрын

@@henrygonzales9666 based and landpilled

@SpectreZ3R0vt Ай бұрын

As someone who has lived here for 11 years... I am worried now.

@shinikyokai8815 Ай бұрын

Loving all the vintage footage!

@DBGE001 Ай бұрын

Have a look at the documentary: Princes of the Yen. Also see what the term: "window guidance" means.

@fluffyclucks7320 Ай бұрын

Yes. That is an excellent video that should alert investors to Japan the problems they are marrying themselves to.

@Shrouded_reaper Ай бұрын

Great documentary, thanks for that America.

@adurpandya2742 Ай бұрын

Ultimately Japan relies on exporting value-added products and importing rawer goods. As a country that needs to import food and fuel, this cannot change for decades. The people of Japan don’t have unlimited talent to keep adding more value and other countries were going to at least partially catch up in the value-added sector. So the stagnation was bound to occur. Japan is now experiencing a loss of overseas competition but not a loss in demand for its goods.

@catholiccowboy Ай бұрын

rawer than raw?

@adurpandya2742 Ай бұрын

@@catholiccowboy rawer than processed

@esdeath89 Ай бұрын

in other words, is Japan doomed to impoverishment and even extinction, and at best to be occupied by China?

@CumBrianFries Ай бұрын

@@catholiccowboy raw...dogging?

@electrictutorial1 Ай бұрын

Needs to import fuel, not food

@chukim8012 Ай бұрын

US imposition of the Plaza Accords in 1985 on Japan really hurt their economy, and benefitted the USA. To this day, many Japanese pay billions in taxes to the US government, we Koreans do as well.

@user-gs6xl4wu6u 29 күн бұрын

Meanwhile Americans are struggling with expensive medical bills while some random Wall Street guy bought his thirteenth Rolls Royce......it's always the top class who takes it all

@Thomas_K7799 Ай бұрын

A small amount of inflation is healthy. The problem is Japanese companies don't want to increase workers' salary.

@markushaahr9194 Ай бұрын

That doesn’t surprise me. They don’t want to increase salaries in my country either, despite chicken costing so much you can’t even realistically eat it for more than once a week.

@kevjn15 Ай бұрын

Inflation is a wealth transfer from the poor (cash holder) to the rich (asset holder). All small inflation does is hide bad companies by allowing them to lower your real wage without you noticing.

@user-cs3nd8zk7v Ай бұрын

So the average workers' salary can be said to be directly linked to national inflation...

@mrj9881 Ай бұрын

A small amount of inflation is healthy.....so deflation would be bad then....gtfoh

@peterfireflylund Ай бұрын

@@markushaahr9194huh? Aren’t you Danish?

@laurentiumiu751 Ай бұрын

Don't chase inflation! Inflation should be around 0 or negative, for it destroys innovation and devastates savings. In 50 years, from '70 to '20, people in the US have become a lot poorer, for their salary and savings couldn't kept up with inflation. In the very short term, inflation can boost companies, but in the long term it destroys the middle class and as a consequence, the stock market, for the money needed for a quick jump, comes from them! In Japan, no economic growth also meant no middle class enpoorishment as it happened in the US in the last 50 years, as they didn't have to pay the bill to boost company in the short term! So, no, I'd rather have NO economic growth than became poorer because of it!

@Ifrixiation Ай бұрын

Dont let the top 5% hear this they will complain at you for not giving 200% at minimum wage work....

@p.n.hajime7633 Ай бұрын

You could have chosen any example of Bowl food EXCEPT the Unagi Bowl, but you had to choose Unagi Bowl... Price of Unagi Bowl has gone up significantly in past 30 years, due to overfishing. Unagi Bowl used to be relatively budget food, costing somewhere around 500-700 yen (around $3). Now, the cheapest Unagi Bowl would start at 1500 yen ($10), most belonging to 2000-3000 yen ($10-20). Its one of few foods where the prices actually gone up. Its a bit of a pickle cuz the rest of the vid's great.

@WinnieBlue Ай бұрын

I'm no economist, but I do remember first going to Japan in 2003 and then again in 2008, and the price was comparative or more expensive than my home currency of Australian dollars with a converstion rate of about $1 to 75 yen. Now, the AUD beats or is equal to the yen, and the prices in Japan havent inflated, making everything feel about 50% cheaper.

@chan625 Ай бұрын

Not a word on plaza accord! Nice 🙂👍🏼

@fly463 Ай бұрын

Cuz that was not the real problem. This was going to happen anyway as you can see it happening in China in real time. 🌟 Deflation 🌟 Caused by weak internal demand

@drgenio2006 Ай бұрын

Germany signed the Plaza Accord. Why is their economy thriving? China didn't sign the Plaza Accord, why is their economy crashing? And you, not a word of japan's debt to GDP ratio, Nice!

@chan625 Ай бұрын

@@drgenio2006 I am not the one broadcating the analysis! Just highlighting how such a significant non-regular event didn't even get a mention! I am not commenting on video about Japanese cuisine or art of mending broken pottery, where it would be of no consequence and relevance. You may have read that way but I didn't suggest that was the only reason. There's never 'the reason' for events of this scale and timeline.

@pr0newbie 29 күн бұрын

@@drgenio2006 Germany had the EU hinterland to export their products and invest into. Japan had.. lol. Why do you think China has - over the past decade - helped ASEAN grow rapidly? Win-win.

@silverianjannvs5315 25 күн бұрын

@@drgenio2006collective west is waging economic war on China openly

@GeraldLawson-xi3cz 15 күн бұрын

“It’s not about what business you should start, it’s about what skill set should you learn?” join Mr Sam Deymon.

@Shini1984 Ай бұрын

About being better off in 10 years through inflation: yes, youll be better off with inflation. As long as you own a business that increases prices at a faster rate than inflation, without increasing salaries as much. If you are a salaryman, prepare to get poorer, since wages never keep up with inflation. Businesses need to show that number goes up, after all! And number only goes up through increasing income and/or decreasing expenses (the easiest expense to keep stable is salary - you just say "no raise for you!").

@cameronschyuder9034 26 күн бұрын

Aren't labor unions becoming more prominent, though? Surely they would help with salary increases in tune w prices?

@djojoreeves 25 күн бұрын

@cameron never has just adds more pockets to pay and idiots to run jobs off schyuder9034

@ankitait2 Ай бұрын

Most developed economies target 2% inflation rate. Developing economies target a 5% inflation.

@elarmino6590 Ай бұрын

That's because they want to win competitive with monetary tricks Not honest work

@elbozo5723 Ай бұрын

Japan isn’t a developing economy, it’s literally the third largest in the world

@jonathanodude6660 Ай бұрын

@@elarmino6590 its because inflation is a sign that people are contributing to the economy. deflation means people arent buying things which means their lives are getting worse and the government is not making tax money. big inflation is uncontrollable, small inflation is easy to manage. developed economies dont want chaos, but developing economies dont have tight control anyways, high inflation is unlikely given how informal everything is and theyd rather have the cash to buy international bonds and currencies.

@user-dr1uf7wk9d Ай бұрын

@@elarmino6590wow bro you definitely understand how economics work

@Grunge_UA Ай бұрын

@@elbozo5723 5th after end of 2023. Maybe this is one of the many reasons why BOJ is end 0.1% etc.

@PoeartistryJah 14 күн бұрын

Excellent Report. Your references to the economic boom of the 80's are right on point. - Regards, Poeartistry

@sevrajsami Ай бұрын

Bloomberg.... what a respectable news outlet. Do not believe a word they say.

@CvnDqnrU Ай бұрын

Which news outlets are honest according to you?

@sevrajsami Ай бұрын

daily wire is one of them, maybe i dont get to remember them from the top of my head right now but i will say this, i look at the story, i analyse the info, i think what is this about, who benefits even in the slightest on the narrative or what narrative is it trying to suppress and then i decide who is and what is what. Most people and me included for years until past the age of 20, thought that all news are true and that the news cannot lie. Now i developed a critical thinking attern of dealing with the news. i think that you get far more thruthful information from social media posts than on actual news channels, because the info is raw and unaltered.@@CvnDqnrU

@Chris-sm2uj 15 күн бұрын

@@CvnDqnrU the ones that confirm his biases

@paragnerurkar1487 Ай бұрын

Amazing coverage !

@abbasshachem3383 Ай бұрын

the rise of wages doesn't mean anything if the same rise happen to the prices , a lot of countries inflation even small percent hurt the average citizens

@DBGE001 Ай бұрын

Have a look at the documentary: Princes of the Yen. Also see what the term: "window guidance" means.

@TheBooban Ай бұрын

The rest of us are hurting. Japan has done well.

@Edzter Ай бұрын

I love when the minimum wage increases, and then they increase prices for all necessary services on the same day like electricity, water, phone bills, bus tickets. Suddenly the wage increase for 1 person is less than the added expenses for everything else.

@asimpleguy2730 Ай бұрын

Yeah this is another depressing video. A country with decades of stability for the average citizen will now suffer from the same ill any developed economy is suffering: wages not keeping up with inflation. But yay, japan is now more attractive for investors!

@Izquierda Ай бұрын

Inflation also helps the average citizen because it makes their debt cheaper. The big losers of inflation are (wealthy) creditors who get paid back money that is now worth less.

@OumarHajar 15 күн бұрын

Mr Sam's strategies are explicitly unique and amazing. I love the way you choose the right strategy to test. And I love how you explain your strategies.

@waltertodd4479 Ай бұрын

Thank you. Very interesting.

@turtlestu1 Ай бұрын

I don’t understand why BOJ evaluates the economy as Deflation or less than 2% inflation. Food became expensive 10-20% in supermarket’s already but our salaries didn’t. Come on. As Japanese Yen rate plummeted people living in Japan simply become poorer. What’s wrong with BOJ and its statistics?

@my_account5603 Ай бұрын

Most of the companies in Japan decide salary raise in April, so there is a lag between the inflation and salary raise. The salary increase rate is record high next fiscal year. Also it’s not just the perspective of consumers that BOJ has as weak yen entices investment from abroad. I believe Yen has been too strong after plaza accord.

@PeterSkye Ай бұрын

2:55 now we know, where Sora AI took that famous footage from :-D

@pixboi Ай бұрын

When do economists realize that any kind of artificial and drastic move against the markets, will only yield more confusion into the state of the markets?

@jasonluna5124 Ай бұрын

This is very easy to understand and very informative for an 8 minute video. It's shocking. ❤

@justliberty4072 Ай бұрын

When you print money, intervene in financial markets, and strongly control interest rates for decades, your experiment doesn't end the day you stop doing portions of that.

@grimaffiliations3671 Ай бұрын

i was told the governments couldn't do that. I was told the market was in control of a countrys interest rate. I was told thats why Japan and the US would soon default of face hyperinflation

@oadka Ай бұрын

I wonder if they have a meaningful long term policy to decrease their debt burden. I know that JICA and international development loans are a part of that, but are those enough? Are the interest payments of the japanese government decreasing year on year?

@grimaffiliations3671 Ай бұрын

@@oadka their strategy is just to buy out their national debt. I think they bought out half of it already

@nolisto1 Ай бұрын

The only thing I'm learning from the situation in Japan is an unsustainable situation can last for decades if not a century or more

@NickMavromatis Ай бұрын

Yeesss let’s freakin goooo 🤘 Keep it up!

@WhyBecause. Ай бұрын

From the intro sounds like the economy for people instead of economy for the rich investors. What't not to like about it?

@cameronschyuder9034 26 күн бұрын

Japanese government not only can't pay off their foreign debt, but are becoming even more in debt because they're not getting more money from people to compensate for other countries' inflations. Governments get their money from civilians and companies alike; unfortunate that they're increasing inflation for everyone and not just increasing taxes on the growing car business companies.

@InnocentCardGame-sz2be Ай бұрын

Economists will one day look back central banks and their utter reliance on interest rates. And compare it to doctors' bleeding patients. Or doctors who use the room thermostat to control the patients temperature.

@himalayanknight8 Ай бұрын

I think the only place where bubble won't pop is in Nepal. The land prices in Nepal will never go down.

@stevenhoir4805 Ай бұрын

Inflation causes prices to rise faster than wages in every instance I know of. The only benefactor seems to be the government.

@alevyts3523 Ай бұрын

Japan lives in a parallel reality. It prints quadrillions of yen and has negative inflation. When Argentina prints money, it has 100% inflation.

@kgpz100 Ай бұрын

Maybe Argentina should try manufacturing literally anything lol. Their biggest exports are meat, meat, and more meat. Not exactly lucrative in a technologically-centered world.

@rmmvw Ай бұрын

@@kgpz100 exactly. The world economies have evolved past raw goods, and a lot of the underdeveloped world is still slow to pick up on that. Also there won't be much faith in the economy when you only produce t-bones.

@valentin25rojo Ай бұрын

@@kgpz100 That has zero correlation to inflation.

@rmmvw Ай бұрын

@@jkbbumblebee China should be on that list, but politically are not aligned to G7. India, Australia, Russia, South Korea and Indonesia aren't anything to scoff at either, being G20 countries.

@rmmvw Ай бұрын

@@jkbbumblebee I was looking at this in terms of economic strength, but fair point

@peteraleksandrovich5923 Ай бұрын

Citizens of rich countries think buying goods at sale prices is somehow shameful. That is insane.

@harshitprasad29 Ай бұрын

thumbnail designer deserves a pay raise!❤️‍🔥

@joseph-ianex Ай бұрын

Very interesting!

@MagicNash89 Ай бұрын

Did prices really not change for 30 years? they did have actual deflation in the 90s, albeit not huge apparently

@nimaiiikun Ай бұрын

yup, every day prices here has been roughly the same for a very long time.

@genevi3680 Ай бұрын

and yet, people still had homes and food on the table. In the US, we have homeless increase and people use buy now pay later to buy food!

@jensenraylight8011 Ай бұрын

isn't it better this way? at least the Price won't budge and neither is your Salaries, therefore everything is predictable. rather than keep encouraging taking out debt, and trying to grow at all cost, throwing money to the next bubble. yes, they probably won't be able to catch up to the US, but why would they? unnecessary growth leads to inequality and homelessness, especially like in the US where only the Monolithic companies could survive, other type of Companies will be either killed or absorbed, killing the diversity. and it allow everything, from houses to land to be owned by corporation

@Fishmans Ай бұрын

That’s rather shocking to me, because Japan still wasn’t as cheap as I expected on my trip. Prices must’ve been very expensive for tourists 30 years ago.

@eustab.anas-mann9510 Ай бұрын

@@FishmansPrices in Ginza aren't representative for the whole country.

@jon-op6xl Ай бұрын

Before kuroda leave, he can make 141, but ueda make it to 152.... wages rise 8%, but in oneday the currency down 4%, what a smart job.

@oletramekaf5603 23 күн бұрын

Why are the title and the video description in Portuguese and the video in English? Por que o título e a descrição do vídeo são em Português e o vídeo é em Inglês?

@mosubekore78 Ай бұрын

Please don't change the current Japan.

@thelastdefenderofcamelot5623 Ай бұрын

The only drawback is a lot of the imported stuff coming from outside Japan becomes very expensive. Everything else produced in Japan like food and local products will be inexpensive. For example, a Hollywood film on Blu-ray will be a $50 for a disc in Japan compared to $10 in US. American beef is expensive, etc.

@user-hg5ij3rt4p Ай бұрын

Inevitable. Japan would be like Spain or Greece, only happier for tourists.

@Chris-sm2uj 15 күн бұрын

please stop watching hentai

@windsong3wong828 Ай бұрын

The Japanese economy and stock mart played to the tune of the USA. It went on to ridiculous heights . China was faced with the same problem 10 years ago. Luckily China pricked the bubble . They pricked the internet bubble again recently. Now Chinese property prices and stock prices are reasonable. Always look out for your own country. Forget about pleasing the USA.

@korbzen Ай бұрын

Wait isn’t there a housing debt crisis in China?

@HermanWillems Ай бұрын

China is going to have this same issue now what Japan is having.

@windsong3wong828 Ай бұрын

@@HermanWillems You are just biased with no real knowledge of economics. Japans per capita income is 3 times of China. Chinese manufacturing are cheap and attractive. Look at its EV.

@somedaywellknow1811 10 күн бұрын

everything remained the same price for three decades...sounds like heaven to me.

@firstnamelastname512 Ай бұрын

on a side note, the last shot is fire

@bensas42 Ай бұрын

Saying that inflation was caused by a weak yen is ridiculous in ins redundancy. The definition of inflation is the decrease in value of the currency.

@DJSerpent Ай бұрын

it's got many definitions, but it's actually an increase in the money supply, the rest are just symptoms, like the decrease in value.

@jamesbarringer2737 Ай бұрын

First living in Japan in 1987 with the Navy, then having lived in Japan as a civilian three times (all told, I've spent about 10 years living in Japan 4 times since 1987), with a Japanese wife and now family members, I've had to pay attantion to Japan for about 37 years now. I thought this was an excellent, excellent piece. I never foresaw being able to consider spending part of my retirement in Japan due to the expense. What a change.

@chibixio Ай бұрын

While I, being from Argentina, cannot grasp the concept of prices not getting higher in a short period of time 😂

@gohanssj48 Ай бұрын

Even if we had to believe that "stable prices" prices are "bad" for economy, ask Rust Belt workers how the monetary madness US got at the same era panned for them and what they would prefer.

@whatdoesnt Ай бұрын

No one is talking about the Godzilla size problem of an aging population,low birth rate and declining population which is just getting started as boomers start retiring, slow spending, and dying.

@johanw2267 Ай бұрын

Incorrect, a lot of people are talking about it.

@wilfredpeake9987 Ай бұрын

Basically it transfered wealth from the government and export led businesses to savers and employees

@paulfowler981 Ай бұрын

have to start thinking opposite of current economic theories, lower interest rates have an effect of lowering prices all things being equal,

@Waldohasaskit210 Ай бұрын

I'm surprised they didn't talk about demographics at all, that's a major factor in the growth of any economy. How much the average individual consumes, works, pays in taxes or invests is heavily determined by where they are in life. It's also very difficult to grow an economy when you're in the advanced stages of demographic decline.

@tjunglec Ай бұрын

100% agree, Japan needs to change it's cultural aversion to immigration, or it will continue to slowly deflate away.

@user-nz7ty4bv8v Ай бұрын

In addition to demographics, politicians in Japan are terribly worst in developed countries which affect badly Japanese economy. If things continue this way, Japan will really cease to exist as Elon said.

@jw6451 Ай бұрын

@@tjunglec the problem is that you cannot just open the flood gates and expect the same quality people.

@DingoHammer Ай бұрын

The old, tired mantra of immigration will solve all problems.

@mirroredvoid8394 Ай бұрын

@@tjunglec Going very well for us here in the US, we now have people openly mocking us and draining money from the government to send back home.

@yatarookayama8329 Ай бұрын

Fact check : Half True ! Japan had been the fastest growing economy of the G7 and the next year gonna get even more better as decline of EU push people to invest in japan instead and more ...

@rzadigi Ай бұрын

That is a crazy stat that I’ve seen nowhere. Japan is near the bottom of every metric in the G7

@xXxUrbanNinjaxXx Ай бұрын

Do you have sources for this??

@Chris-sm2uj 15 күн бұрын

@@xXxUrbanNinjaxXx he has a crypto as pfp what do you think?

@pumpkingamebox Ай бұрын

0 economy education here. What’s so important about inflation? And when should it stop if ever?

@ArtypNk Ай бұрын

I don't understand it. Used to be you dig up coal, iron, you trade that for something else, or sell it for gold, use gold to buy whatever... Now it's just "The average salary MOP is put into the construction sector and gains 5% DOWP ove MCTA, and someone somehow makes a million dollars from it, assuming 7 houses pay mortgage on the 12th of April"

@user-xn2gr8me2u Ай бұрын

I wonder if companies learned that their greed affecting their country by lowering/not raising wages and distribute the huge revenue only to few people. If people can't afford daily life cost let alone babies, of course the economy would be stagnant. As a reminder, worker is the one of the component that make companies and countries still exists. This case might happen in other countries too. Hope japan will revive

@wile123456 Ай бұрын

No that's how capitalism works, the rich gets richer

@victoneter Ай бұрын

That's not the reason. You think companies weren't greedy in the 80's?

@nejihiashi Ай бұрын

we are on the way to the golden billion why the elites want more people if they can replace them with robots

@DBGE001 Ай бұрын

Have a look at the documentary: Princes of the Yen. Also see what the term: "window guidance" means.

@user-tg9yo2vo6u Ай бұрын

@@victoneterthat greed worked well back then, now isn't the case

@RebuttalRecords Ай бұрын

I like the way Japan was doing things, by flat-lining inflation they prevented excessive inflation. Makes sense. Notice how as soon as they indexed their economy with the rest of the world sh!t started to get expensive, especially real estate.

@cameronschyuder9034 26 күн бұрын

But if they had a lot of foreign imported goods, then someone has to eat the prices if there was no inflation in Japan, but everyone else marked up their prices.

@stepwiseurchin5355 Ай бұрын

meanwhile in my country we have been averaging 6% inflation for the last 10 years.

@aridia5483 Ай бұрын

7:27 what now? Well, here are some of the changes we can expect to see. First, mortgages will get more expensive for the first time in decades. And interest payments on the government’s more than $8 trillion of debt, which is about twice the size of the country’s economy, will increase. The same thing will happen to companies. It could also propel the yen higher. That means your trips to Japan could get more expensive. And Japanese exports would take a hit too.

@nobodynothing00000 Ай бұрын

I enjoyed my 16 day vacation in Japan, I was pretty much a millionaire in Japan, dropping 10,000 yen notes like they weren't making any more of them

@leehawken360 Ай бұрын

This is insane monetary policy, End the Fed(S) 250% Debt to GDP what a disaster!

@drgenio2006 Ай бұрын

this is what everyone here bitching doesn't see. there was another experiment about fixing the price of money, wages, etc and financing everything with sovereign debt. It was the Argentinian Convertibility and we haven't recovered after the crash. Not the convertibility itself, but rather, the debt. Argentina wasn't allowed to take 250% of its GDP as debt like Japan does.

@trisbane4086 Ай бұрын

@@drgenio2006 I think it's you who doesn't see (or are not privy to?) Japan's debt is financed almost exclusively by Japan itself. They borrow from themselves - not from foreign entities.

@drgenio2006 Ай бұрын

@@trisbane4086 ok then, look at Argentina post 2008. we borrowed from ourselves too. look up LEBACs 3 whole monetary bases in debt. and look at Argentina's inflation numbers. all debt is just deferred money printing.

@drgenio2006 Ай бұрын

@@trisbane4086 you mean like argentina did since 2008 when no one would lend us money? Look up LEBAC-LELIQ-PASES and how argentina got into a debt 3 times larget than its monetary base. And now it's at 250% inflation. What you're telling me is japan has been doing the same but for them it will work?

@garciaoneris Ай бұрын

Im so curious to know why did they come to Amami to record just a few parts... But im also very happy to see the island in this video ❤

@rzadigi Ай бұрын

Bloomberg probably has some reporters based in Okinawa

@romeu_ Ай бұрын

Being born in a country with growing inflation is an experience that I don't deserve to nobody, but it makes you more resilient to economic changes

@aqua-bery Ай бұрын

Ending negative inflation looks like it just makes the most expensive things even more expensive while it impriving things is only a chance

@drgenio2006 Ай бұрын

mantaining this system means taking more debt for japan. they are already at 250% of their GDP in debt. they just cant mantain this lie anymore.

@WabuhWabuh Ай бұрын

Why do they speak like deflation is bad? it is a sign of a well establishhing country, resulting in abundance....

@LeeroyFan101 14 күн бұрын

Because it also means that people are holding on to their money and are afraid to spend. Basically the economy slows/stops growing. Things get cheaper not because they find better more efficient ways to make the product, but because they need to simply sell the product to stay afloat.

@WabuhWabuh 14 күн бұрын

@@LeeroyFan101 When demand is met it tends to happen....Why run the economy hot just to bring up cost & waste resources when you can let the resources pile up for more cost efficient developement? Reckless spending pushes the market up unnecessarily. Their is no benefits for society when inflation happens..only to bailout greedy & reckless owners from their loans...dont bite more than you can chew...take your L...

@WabuhWabuh 14 күн бұрын

@@LeeroyFan101 The economy does not stop growing during deflationary businesses...it squeezes out all the uneeeded businesses...natural economic dwarnism... "Things get cheaper not because they find better more efficient ways to make the product, but because they need to simply sell the product to stay afloat." sounds like a lack of demand...does not give you a reason to print trillions for a bailout...you just have an unwanted product...fail like you should...