And you are absolutely correct to not change anything. You only need higher GDP if your population increases. If your population decreases, each individual actually gets a higher share of GDP and are individually wealthier. So why would anyone want more population? Because the rich want to feed off them like parasites.

@@TheBooban You need at least a stable population growth if you want to be able to fund all the social and welfare programs. If the population decreases then you will either need to raise the tax rate which would reduce the income of the workers or cut the benefits to the welfare recipients. So a growing population is important to maintaining a high standard of living in the country.

@@jsoftwareect Bingo! This reporter totally ignored Japan’s population growth, or lack there of, as a cause for their stagnant economy.

@@natecoleman7985 I suspect they didnt want to really dive deep intto what te problems actually are and keep it simple for laypeople

@@Randomkloud laypeople? you mean layman.

It has never been simpler to grasp how to expand your wealth than it is right now, thanks to the availability of competent portfolio advisors that can help you experience and learn about a market with a wide range of assets. I think it's impossible to predict how changing dollar values will affect assets.

Yes, I have been in touch with a CFP ever since the outbreak. Today, investing in hot stocks is quite easy; the difficult part is deciding when to buy and sell. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

Could you kindly elaborate on the advisor's background and qualifications?

The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

I just checked her out and I have sent her an email. I hope she gets back to me soon

It was great back in 2015 when one US dollar was worth 120 Japanese yen. I was basically getting a 20% discount on train tickets, hotels and meals in Japan.

@@alooga555 lol Japan is not cheap, I staid in Tokyo in circa 2012 for a couple of weeks at the Ritz Carlton. Cost us over $30k in the end. Japan is NOT CHEAP!!

@@compsigh9275 That WAS back in 2012. I used to travel to Japan at least twice a year for business pre-COVID days. The country has not been able to escape the quagmire of deflation for decades that even Asian travelers (before the pandemic) now find the Land of Rising Sun cheaper than where they come from.

@@compsigh9275 I mean if you stay at Ritz then its kinda obvious

i guess it's good for their tourism and export industry.

Thanks for reporting that. It's very odd that prices don't change over years, but your explanation seems to solve the equation.

An international standard of inflation needed? (rhetorical question; but if gets enough press or attention I will respond)

Increasing the price but technically not increasing the price at the same time, basically.

@@dannyzero692 nice way to put it

Japan has also been in a recession for over 20 years lol

@@grapesurgeon People in Argentina and Turkey (and many in the US) love spending money. Even when they don't have it.

@@grapesurgeon rofl no.

@@grapesurgeon 한국인이 전문가인척 하니까 신뢰도가 떨어지네

@@grapesurgeon naw, savers are future investors. No savings = heavier reliance on govt for retirement.

@@user-zz8ez1my9t 갑툭튀 한국인 ㅋ Lee as a family name is not only for Korean tho.

do most Japanese people eat out or cook at home?

@@rocketman3770 According to the survey of goverment, we spend on eating out 20%. So most Japanese people cook at home. However, recently the ratio of delivery foods and to go likely is increasing.

@@user-gg9be6gg9z thanks for the share! when I visited Kumamoto and other cities, I noticed that supermarket prices were super cheap in these areas. In fact, meat such as pork, beef, chicken were 60-75% of US prices (and some of the meat was actually imported meat from the US!). In Tokyo, those prices were more comparable minus the luxury fruits. The people were so nice too, I hope to visit Hokkaido area when Japan opens up.

I am aware in very specific ways of how fluent it is capable of being

@@marioferreira7605 could you educate me how is deflation is much much worse than inflation?

Low wages were caused by low birth rates. The demographics problem is caused by sexless and work culture

@@vojvoda-draza that is why China is banning tutoring school and overwork culture to boost birth rate, they saw what happened to Japan

Japan has the highest birth rate in East Asia. Also higher than Spain Italy Finland and about the same as Canada. The problem is just that the proportion of women of child rearing age is low because of the population pyramid, so even with a similar birthrate to Canada the population drops more quickly. Also there is a lot of immigration in Japan recently but not as much as countries like Canada.

Rent prices have gone up since the 90s and apparently this isn't inflationary according to this report? Wages haven't seen an increase, but the proportion to which you have to spend on the essentials like housing and other equipment have gone up since the 90s. So yes, apparently everything is the "same".

@@lebbeus Can't reverse the one child policy, though. Increased costs of education and childcare and healthcare have done the rest. Even in Iran, increased average earnings and standard of living have cratered birthrates. It's a weird sign of wealth when birth rates slow down.

American workers are experiencing unprecedented declines in their real incomes, which is why record numbers have been forced to work multiple jobs to make ends meet. When we talk about 9.1% inflation, the media acknowledged the true rate of inflation of about 18%?

It's going to break to the downside because of the macro economic conditions. It will not recover until the US inflation rate starts to come down. Right now, crypto derivatives trades are the only thing in my portfolio that is doing well and making me serious money.

the severity of the condition of our economic circumstances is beyond many peoples comprehension and many continue to deny its existence.People are working and there is little or nothing to show for it. everybody is basically working to sort out one bill or the other. no savings.

My little advice, we need to prepare for the future we need to look into safer investment with good prospect . If you have the mindset of investing 5 years ahead and just keep DCA every time you get paid. My portfolio have accrued gains of about $130k under the guidance of my investment -Advisor "Nicole Ann Sabin" whose skills in portfolio diversification are unmatched and client-centered

@@marianparker7502 I just looked up Nicole Ann Sabin online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and how to go about the economy. I know basically, in order to survive the inflation i need guidance. I appreciate.

Which tells you who pays the price. And who's value is being stolen.

@@artandarchitecture6399 I'll let you know at raise time.

@@artandarchitecture6399 Raises have been lower than the annual inflation rate over the last 30 years. That means that while you have "more dollars" the REAL VALUE is lower

US wealth gap exists because those on the low end are extremely stupid and want much, especially something for nothing, whereas wealth is quite high on the intelligent end, where value creation is the doctrine, and where many want very little at least verses what they can truly afford. Warren buffet for example living in the same home 50+ years, or Elon Musk departing from most belongings as the things you own end up owning you and being inhibitors to things such as mobility.

Japanese people, they are very humble and spend money sensibly

That's not right growing is the only way we move further as a society, if you don't grow as a company or person we don't innovate and the surrounding gets worse. The wealth gap is huge because poor people are not educated in finance (btw the education is free, bec. of the internet, cheap books etc.) also poor people tend to spend more of their income instead investing or educating there self.

@@replay7776 But I have to have my BLING.

You’re right.

And, they have one of the highest suicide rate in the world. So, there's that .....

@@perrywidhalm114 yep unfortunately the work environment there is very harsh, cost of expense there is really high also.

u can add racist and slowly shrinking pop

Japan is an Asian country..

And no guns. No guns = no freedom

almost tripled.

How much is a can of coke in vending machine in Australia now? Maybe the price is so cheap in Japan because there are so many vending machines. I think the number is huge in Japan.

The price of toilet paper as tripled almost . Toilet paper is so expensive recently in Japan . Also toilet paper rolls are often small and quickly finish .

@@Brenda90210 Most Japanese houses equip electric bidet toilets, so they don’t use much toilet paper.

@@sirmione905 I live here and that’s not true .

Word.

Agreed

What did you expect from mainstream media

says a guy who just being smartass without actually comment relevant on this video.

Your basis?

Keep you emotions out of economics. The free market doesn’t care about your feelings. Everything is a trade off. If workers don’t want to work or demand higher wages….. the market will adjust accordingly in the form higher prices. It’s very simple

​@@perrychrispy1 Higher wages isn't the cause of inflation.

@@synechdoche it’s part of the reason. So many industries operate on thin profit margins so the only way to turn a profit from higher wages is to up their prices. It’s economics 101

​@@perrychrispy1 Economics is an inexact science at best. Labor cost is what corporate media will most often blame for inflation. Since the video used McDonald's as an example, Mcdonald's in Denmark can pay US $22 per hour, 6 guaranteed weeks paid vacation, maternity leave, and sick leave with a much lower inflation rate than the US. Additionally, it is pretty comical that the WSJ points to the "dynamism" of the US economy when the Chinese economy has shown growth that the US corporate masters could only dream of. The free market indeed.

@@synechdoche I don’t know about fast food profit margins but labor costs are certainly a factor in rising costs. If you’re insinuating government price controls, it’s been done before and failed miserably to a detriment. The market itself determines your worth. As far as China goes, I’m not sure why you would use them as an example. They’re still a developing country with a GDP per capita of only $10k, so they have plenty of room to grow unlike developed countries, and the overwhelming majority of China’s growth is from newly built infrastructure and cities (many ghost cities) and property investments (a bubble waiting to burst). A fairer comparison would be US/Japan or US/EU growth since they’re already developed and the US had far outpaced them in the past decade in GDP growth.

Or even keep the price the same for several years. It’s definitely not going to break them (McDonald’s).

Somehow huge executive payouts are never taken into account for excessive costs, lol.

Then stop inflation, since that taxes everyone, and the poor are the hardest-hit while those who own assets are protected. That means no more deficit spending and no more borrowing or printing money. Also simplify the tax code to eliminate loopholes so that everyone will be playing on a level playing field, and lower the tax rates so that businesses don't get scared away. Finally, cut regulations. Regulations are difficult to deal with, so big businesses essentially use them to block the little guy from even getting started.

@@Lestibournes Your prescription for an economy that works is a system where the people of the least means are supposed to shoulder the largest burden? This is comedy material.

If you read Karl Marx you realise 2 things. 1) how idiotic capitalism is, it can never work, it is self-cannibalising just like it has got to in the USA today 2) why everyone demonises Karl Marx, you simply can NOT allow Marx to be widely read in a capitalist society or people will immediately stop believing in the system. Capitalism is kept alive by lies in the form of propaganda. Its so strong you genuinely believe it until the total stupidity of it is made clear to you. 150 years ago he predicted that everything would be worthless and manufactured in the cheapest country on earth. That rent and housing prices would go sky high cos there would no longer be any money in making things so the rich would buy all the housing to make money off that. That women would be forced to work in order for a family to afford housing and they would be sold this as "equality". Just a few examples.

@@piccalillipit9211 Well on the other side of the coin, capitalism is one of the few system that works in theory and practical (atleast until it destroys itself by natural process)

True. Also, elder people in countries with little to no social security, don't buy stuff

Yes, Japan has a sexless culture. There needs to be major changes, for Japan to stop declining

Low price and better build quality that will last far longer than the cheaply built and over priced furniture sold in stores today.

@@vojvoda-draza the world is becoming like this

@@vojvoda-draza And a lot of porn

Because of low birth rates caused by overwork and isolationist culture.

Because Japan is saving culture not consume culture..

@@vojvoda-draza Low birth rate caused by isolationist culture??

@@Natsumi170 isolationism means low immigration which means shrinking workforce

Americans live on an endless diet of propaganda telling them to consume - 70% of the GDP is consumer spending. As a European its just gross to me.

@@piccalillipit9211 America’s always been that way it seems

@@osmanbey8796 - My friend sent me a picture of her breakfast - it was in a plastic tray, it had been delivered to her house. She lives in a pretty rural part of Utah... NO ONE should be getting their breakfast delivered in single-use plastic by a guy in a car burning petrol for dozens of miles... It simply never occurred to her, that is how they live.

@@piccalillipit9211 And how many of the top companies in the globe are American? Be moral or ethical all you want, but know that it will leave you to be a footnote in history. Success is a zero sum game

@@SugarWeasel1227 - And YOU are losing - America is collapsing. Not theoretically in the future - RIGHT NOW. This is the list of contributing factors to societal collapse: Plague / disease Y Environmental change Y Massive wealth inequality Y Loss of the administrative class Y The government stops governing Y Attack from the outside - now includes cyber attack Y Loss of faith in the political system Y Economic collapse Y Exposed obvious corruption Y Crumbling infrastructure Y Mismanagement of a crisis Y Societal division Y Loss of belief in the unity of the society Y Restriction of international trade / loss of trade agreements Y Increased isolationism Y Rising internal violence Y Excessive spending on military / arms race Y Inability to maintain the currency - hoarding / devaluation / hyper inflation Y If a majority of things on the list happen to a civilisation simultaneously, it is invariably the end for that civilisation. If all happen at the same time, it's guaranteed to be the end. The USSR collapsed with 9 out of the 18. The USA scores 18/18. You are correct - its a ZERO SUM GAME and you just scored a big fat ZERO for future. If you want to know what your future will be in the next 10 years, look at Yugoslavia 1992 - only with WAY more guns. BTW - I'm an author on psychology and the collapse of civilisations. This is my job. Be smug all you want, but you are doomed. You have reached a point called "cascading systems failure" its the end and it can't be stopped... sorry and goodbye.

US has a much higher median income and HDI than Japan

Wrong. The numbers you're referring to are only because of artificial manipulation by the government over the last 2 years due to the "pandemic". Normally, the US shoots for 2% inflation and hits about a 1.3% inflation, meaning we see super tiny price/wage increases every 4 to 6 years in the markets. The standard of living in the US is many times higher than anywhere else in the world. We have a $25 trillion GDP, over $3 trillion in tax revenue and the average American makes over $65,000 per year. Communist countries like China and Russia have average incomes of under $10,000 annually. We don't even have actual poverty in the USA because a person working for federal minimum wage is wealthy by global standards.

Dude it's actually kinda funny at this point. Japan's pro inflation policy did this to their economy in the 80s and 90s. I'd love for them to include a 40 year Japanese re estate graph because prices did spend about 3 decades from the 70s to the early 90s skyrocketing.

Indeed, higher prices --- more profit for corps. McD saying wages increase burgers is hogwash. The 'hourly rate' at which they make profits is outrageous. Also the mention of Tesla as gaining car market is a joke, telsa sells a tiny tiny percent of cars in the usa. This guy is off

It's worked well in the past, sadly

@@murraymadness4674 Tesla dominates the "electric car" market, but of course the electric car market is a tiny tiny tiny fraction of the car market. That will change eventually, once battery tech catches up some day. (And they don't cost $25,000 to replace one every 5 years.)

Yes, if prices are staying the same. Then everything is working and it’s not needed to change. This report is just dumb. They are trying to scare people about stability, because the cheap trash in the US is failing. Well it’s not a secret the US used to take pride in quality of product. Now that was stripped in the 90’s and the country is broken. Japan held onto quality and it’s untouched because of that.

But if they don’t make babies, they will collapse sooner or later. They have no room to grow in terms of efficiency. They will not compensate a rapidly decreasing workforce and consumer base.

Canada too it's outrageous here with no end in sight

im sorry i dunno what ur smoking but USA crippled Japan a long time ago in the 80s.......pls learn some history and US hegemony.... the plaza accord,window guidance,us style inflation economics and the real estate bubble killed Japan once and for all...... just like the middle east,the soviet union and Japan,anyone who tries to challenge US supremacy and hegemony would be crushed and destroyed through careful politics.....rhethoric......propaganda...mass media..sanctions....economic warfare......or war and invasion..... China though is a much harder nut to crack.

i dont think japan is really a good example we should be looking towards or emulating yeah.......the only reason their prices have been flat the last 30 years is because their economy,their gdp and their gdp per capital has also not grown since the 90s......Japan's gdp in the 90s was 4 trillion+ in 2020 its still 4 trillion+ their gdp per capital has been stuck around 40k+ since the 90s......Japan is in a limbo,thats why their prices are stuck in the 90s,everything in japan looks like the 90s....the trains,the real estate,the buildings,its super high tech yet the tech looks like the 90s, Japan is permanently frozen in time, it resembles the 80s and 90s cause that was the golden era of Japan and also the time when Japan "died" and the beginning of the lost decades.....not to mention their population is actually declining and the massive real estate deflation in the 90s when the bubble burst..... every first world country in the world has managed a growth of at least 1 to 3% a year......i remember when US's gdp was 13 to 14 trillion dollars.....even china's gdp was 2 trillion in the 200s and overtook Japan in 2008 at 4.3 trillion.....and its nearly 14 trillion now..... one thing i like about Japan is it reminds me of the good old days......the pre mad max days.....the days before mass immigration and globalisation took over the world and the west......Japan hasnt changed much since the 80s,90s and 2000s..... the whole world is an artificial construct of change,technology,superficiality and globalization and political correctness and race and gender identity and mass immigration and what not.....but Japan,Japan kept its essence,its soul its identity.........

Regular employees wages are a cost. Ceo's and upper management mostly take a cut of the profits via stock i.e after all the costs have been factored in and debt payments have been paid.

Executives, including CEO and alike, have rising salaries year after year. Whether a bad YTD or good, they’ll still earn more than they did before. If a company falls, that CEO and other execs will fire everyone, liquidate assets, and just cash out for a good vacation. Wow

This

@@thechosenone1533 that's on top of their regular salary.

I'm half-japanese and lived here my whole life. This is exactly correct. Shrinkflation is real.

I’m Japanese and live in Japan. I totally agree with you.

They will.

They do if they want to maintain the 34% they're used to. And they will definitely try.

Majority of their profits r come from real estate……

They'll charge the consumer more before CEOs/shareholders take a cut. If they ever do.

Exactly, in the west it's a scheme of raise 2% inflation, 0.2% wages, and pocket the 1.8%. This is how in 30 years US companies have grown, by stealing 1.8% a year

You mean regular Japanese people don't buy those $100 grapes? 🤷‍♂️

But Japanese products that are sold in other countries are going up.

No skills = you get low pay. Simple fact. It's the case in every country. Don't blame the company. 自分を磨かない限り、金は寄ってこない

@@edenassos aging population, no demand, low prices, low wages

Try Sukiya ;)

I'm not sure about NZ but housing usually isn't included in the cpi, so housing included the real inflation rate is often even higher than what is being reported.

Simply build more housing and increase density

@@mistermood4164 it's what happens when you have deregulated the market too much

It's ridiculous to increase housing prices in NZ. The reason is just because there is few demands but they have to make it look strong as an "investment" assets.

@@juch3 not necessarily it due to the fact they have allowed a bunch of speculators to purchase property, rather than allowing the purchases of private homes be only allowed to residents living in new zealand.

maybe because Japan is so obsessed with stability, manufacturers opt to make their products smaller rather than increase the price

@@timurermolenko2013 yep

They are called Kits now, had to cut costs so the Kats had to go.

@@Mwoods2272 😂🤣🤣🤣 soon it will Kit only

You can choose. Go

That's what I did actually! My bestfriend and I came here and loved it. So we've been living in Japan for more than a decade now. Everything is so efficient, convenient, clean. People are polite and considerate. We love it here.

@@rolandaustria7926 what type of job do you and your friend do there ? If you don't mind me asking.

You will hate it.

@@user-ul5wq3kv4p we started as programmers, but now we're government employee and work directly at our local city hall.

Selamat

The major mistake of Japan company is they tend to focus on the domestic market that shrinking

Bullshits... like always

@@etongsashon9121 gabut lu kmpung

at least they buying stuff in Japan, not like smash and grab in USA

I feel the same way too. I’m an American from L.A. and came to Japan last year. My quality of life has increased so much living here. Soon I’ll be a homeowner where in America that would have been nearly impossible. Healthcare system here is fantastic too. Food prices are reasonable and I can go outside without stepping over homeless people or going into the wrong neighborhood. But Japan’s work culture definitely needs a makeover and be more open to remote work.

@@cv5420 many people cant see these great things if they can’t see what they want examples lack of diversity, poor English communication, no wokeness

@@cv5420 LA is a trashhole in many ways. Thankyou for escaping that toxic and extreme environment (physically and mentally).

Same thing happens in HK. Living costs are too high. Our salaries never catches up to the inflation. Regular people aren't happy here. Deflation may not be a bad thing. Just look at Taiwan and Japan people are living in a stable life.

Living?YES Working?NOPE

Yeah, that's right. Actually, we don't want anything more. We have car, house, food, money to go, money to study, insurance, etc. Additionaly, China is bringing some lower plice and so-so quality products really acceptable, suitable for our normal life.. May be, we need more ambitions. But, our normal satisfied life poisoned our mind.,😓😓

When an employee is staying with employer not cause he loves them but it's not economically viable, this results in limiting ones freedom. Moreover, this information can be used by employer to exploit the employee. Also while prices and salary are stagnant countries around world are growing, making them much attractive destination. So it's not all positive with stagnant growth.

Yes that's why it's growing lol

Because it is a negative sign for economy, it's not so good since it has been that way for decades

@@Mo8yG it's always a choice for Japanese people since they can always move to US, Canada, EU, or Australia

@@valorzinski7423 well in Japan Japanese is the main language of communication, hence moving to other nation becomes harder. So moving to another country is an option made harder by unique Japanese culture, hence you won't find as many Japanese elsewhere, at least in comparison to other similar nations. Also the logic of "if u r not happy, move out" is not sign of progressive society.

Only the rich workers are better off in the US. The middle-class and poor workers have been forced to work tons more to compensate for all the layoffs during the pandemic, and many aren't getting paid extra for it. Minimum wage is so low in the US, you have to work 70+ hours a week just to pay rent and basic necessities.

True true

@@noseboop4354 that's pretty much how it is in Japan too. Plus it is frowned upon to take vacation and sick time.

If you think that’s the only time it’s brought up I’m afraid you’ve lived under a rock

Velocity of money. Please google. Also, read some Thomas Sowell

Everything is a trade off with economics. Japan prefers a stable economy over growth while the US prefers dynamism and growth with the occasional boom and bust cycles.

But Japan is also becoming unaffordable. People just do go spending money they don't have and try to get by on scraps. There is a term called "gaman" in Japan which means patience, having to put up with it, tolerate it, keeping it to yourself, deal with it, just go with it, etc. Hardly anyone lashes out on how poorly they are being treated because everyone will receive the word "gaman suru".

@@xXIronSwanXx gaman suru sounds like the American... boot straps analogy.

@@bloodspartan300 kind of, except it just means to suck it up and there is no positivity from it.

yeah, wait until you hear about aging population

The video specifically says that Japan has little to no inflation. If in 10 years goods cost 2x but and your wage raises by 1.9x you have a larger wage but your still poorer.

You mean deflation.

@@williamc4221 exactly, and the central bank is doing everything to stop it. But the real cause is in culture, which cannot be changed by economic stimulus

@@williamc4221 To be clear, I meant apply the word "stagnant" to BOTH wages and inflation.

….maybe the raw materials are cheaper in Europe when compared to the US?

@@bluestonemetallic7 Northern and Western Europe generally have more expensive raw materials

Yep corruption at best taking advantage of inflation

Its called WageDonald's for a reason

There are both good and bad consequences though. You mentioned the good one. The bad is if a certain price point gets you 1,000 mL bottle of water before and now gets you only 900 mL, then you can make the case that deflation is happening, because the price per unit sank. One's purchasing power decreased, so that's not so good.

@@leungsz we just need to see lesser evil

It's basically western propaganda. They spin things to make US inflation look good when it is not.

This is government propaganda

And he travelled to Japan for this? omg

omg yessss. don't get me started on the national pension and health insurance. MAN!

He’s just another Online economists…u know them online engineers who’re arguing about us vs Russian vs China military technologies ..clueless mofkkkkkkkkkkkers

Wisdom.

Humble yourself. If you live in the West, you probably couldn't handle life as a Japanese. It comes at a cost. For one, you learn to suffer in silence. East Asian cultures are like that.

@@RightCenterBack321 They seem to be superior city and infrastructure builders though....USA is utterly failing in that regard.

@@shanewillbur1325 Facts.

Would you like your wages to rise? Where do you think profit and thus wages come from?

@@crescentprincekronos2518 why would wages need to rise if prices didn't bootlicker? I'm actually curious.

Don’t compare apple and potato.

@@draganavolaric1152 a grilled salmon and sushi more like 😁

​@@draganavolaric1152 Yeah, Its disrespectful to Potato.

@@draganavolaric1152 He's comparing a Fuji Apple to an Apple with massive income inequality, hyper inflation, drug addiction and mass homelessness and rampant crime.

Dude I don't think so... 2% inflation is really good

US got the QE ideas from Japan.

@@alexnezhynsky9707 Facts these people don't know basic economics

It's not companies fault - they set prices at their equilibrium. If they can suddenly charge higher prices, its because of another factor.

@@almorales7715 Well what the issue is here is why wages aren't the first thing to react when inflation hits. Rather than cost of price stagnation...it is very interesting how wages do not adjust, and never seem to catch up. If you have prices adjust for inflation to keep profit margins steady for shareholders, then it has to come from somewhere. And that somewhere is the working class who takes the hit via purchasing power theft. Lower/average profit margins, instead could still allow for the average consumer to continue with their standard of living. if looking closely, there is one cohort that pays the price of inflation then...it's really easy to come to the conclusion that this is a scheme to steal value from the very consumers you are attempting to profit off of.

@@shanewillbur1325 Yeah I agree that wages haven't matched inflation because companies would rather keep all of the profit at the top. I would say that the reason the wealthy/corporations don't get affected by inflation as much is because they can shift a larger % of their wealth/earnings into inflation hedges whereas the working class needs most of their pay check to pay bills. I don't think its some sort of scheme.

@@alexnezhynsky9707 Interest rates have been near zero since 2008 and the fed has been pouring money into the economy ever since then. Sorry, not buying, try again.

I'm not sure why but this made me laugh😂

$36k per year is actually a lot more than enough in any city that is not Tokyo in japan.

No its bad its a deflationary death spiral

@花寺 転造 what do you expect? It’s one of the most closed off countries itw. Not that much to base an opinion on plus there’s always ppl like OP who don’t know anything but still love to give their opinions

you clearly have no idea what does stable economy means

You are right but the market is profiting if you are using really a good broker or account manager to help out with trades or provide signals

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@@julm7744 well that's good news. I think I can live with shareholders being unhappy. More than I can live with a dying planet.

To answer your questions of what Japan believes. The last prime minister of Japan did try to get economics growth going by quantitative easing. However that did not work because in Japan there is an aging population that consum very little and produce very little. So it's not a question of they believe in endless growth or not but are simply unable to.

@@sjwimmel you hate shareholder exploiting people for profit so much you forgot Japan has the worst work environment and people kill themeselves and even have a forest dedicated to it.

its looks to me that japan is making a smart move

@@julm7744 I don't think so. Japan has no immigration, we have too much.

Agreed, and the increases are not extreme. The Fed for years said the inflation rate was too low mostly because of depressed wages. Now people are wising up and won't work without a good (reasonable wage).

increased wages = increased prices, just like the video shows

@@c9bd415 this is why the USA need a large deflationary event

Sure they forget...they forgot about the atrocities they caused during the Japanese occupation. Overall benefits of mankind???? Are you joking or not studied history?

@@pietropie They have learnt their hard lesson through Hiroshima bombing by US.. So move on, every human being, like all of us, have made mistake too in life, don't think we are perfect.. We learnt and transform and improved and move on.. Only God know the purpose of each experience..

@@pietropie what about American imperialism. Have you checked yourself lately?

@@grapesurgeon japan has printed even more money... Look at debt to gdp.

deflation is not a good sign for economy...

@@grapesurgeon and yet they live in the future compared to us. And they don't have nearly the export deficit that the USA does. Stagnant? Have you visited? If anything compared to the USA another person would call that "stable". Houses are affordable, homeless isn't nearly as bad. The cleanliness is off the charts. The quality of life is almost comparing night to day.

@@fitrianhidayat is not a good one.... it's an awesome one. How can you say theft of purchasing power is a good thing? It causes needless spending, and drives down savers substantially.

@@shanewillbur1325 you can go ahead and believe whatever you want to believe, I'm not here to argue.

True, this video is stupid

Yes, you're right. America is filled with people who think they are entitled and a victim at the sametime. That causes the Government to do a lot of financial babysitting. It's expensive.

@@randyosborne310 i can’t imagine my tax will go to lazy people because they are seeking a better life in my country without doing anything

@@s2oop436 both of you seem like sane logical dudes 😃, I'm glad that a vacation comment brings us together 😅👍👍

Sadly, you can’t visit as a tourist for another year at least

@@vocdex i can wait 🙂

Being Swiss I strongly disagree, Japan's situation is very different than Switzerlands in just about every aspect. Demographics, gdp per capita, productivity, government debt (Switzerland has about 40% one of the lowest in the world while Japan has over 200% the highest in the world), immigration rates (again very high vs. Extremely low)... I mean, I don't know what to tell you, there's just no comparison...

@@mysterioanonymous3206 I only referred to the price development of goods and services. A Big Mac in Tokyo costs 3.44$, a Big Mac in Zurich costs 7.79$. What I mean to say is that consumers paid high prices even before the pandemic. Despite increased freight costs, prices have not risen steadily. This is only possible because the prices were disproportionately higher than in other countries, even if the higher costs in Switzerland are taken into account.

@@mysterioanonymous3206 very high immigration rate?? In der Schweiz?? Bist du sicher dass du nicht aus Deutschland kommst?

@@blablabla6975 ja. Die Schweiz (und Australien) hat (haben) mit Abstand die höchste Ausländerquote im Westen und erst recht in Europa, weit mehr als sogar die USA, der sog. "melting pot". Das ich nicht lache, die sind gerade mal durchschnittlich, genauso wie Deutschland auch. Wenn man Bürger mit Migrationshintergrund auch noch berücksichtigt wird die Diskrepanz sogar noch grösser (60% der Personen in der Schweiz). Leute würden sich besser mit Statistik auseinandersetzen als ihre subjektive Wahrnehmung rumposaunen. Das kannst du übrigens jederzeit nachlesen da brauchst du nicht auf youtube comments zu stützen.

@@tiffany3652 ok, sure. Whatever you say.

I mean...in the USA you can go bankrupt and ruin your life if you have to go to the emergency room and take an ambulance...which also cause suicides. So like...which evil do you want?

@Lawrence Whitfield Yes, the target inflation is around 2% (not all countries). I question if the deflation Japan experienced really is that bad compared to high inflation.

A reasonable inflation rate of say 2-4% is yes usually a sign of a healthy economy. This is a spike they need to clamp down on with higher interest rates.

C. Jackson, your grasp of economics, along with your understanding of Japan, is extremely poor.

@@earlysda let me guess, there are infinite resources. And if you are able to capture it whether in your country or out of it then you can make money.

@@mika274 Your word "capture" is odd, ml Ka. You are correct about infinite resources, though.

@@earlysda are there infinite resources? Even labor is limited in America now. Not to mention natural resources, semi conductors etc

@@hk2336 H K, Have you looked into the depths of the ocean or the far away galaxies in the night sky? Yes, resources are infinite. God made them that way.

@@abaraviciusdominykas4584 no no he’s got a point. I’m sure he’s been educated from the best comment sections across KZfaq

Yeah this makes no sense, especially since yen (which is not inflating) is getting weaker agaisnt USD (which is inflating).

I believe it is also a cultural thing. Japanese don't seem to buy to buy, they buy because they need something and their "needs" are lower than that of westerners. On top of that, Japan is no credit card society, while from what I always gathered, everyone in their dog has a credit card in the US. Even for Europeans that is strange, where they usually have 1 credit card per household for some abroad or online convenience. So instead of just looking at solely economical factors, I would rather look at the cultural aspect and how people approach their pattern of consuming, that form the economial effect.

I think FX rates are adjusting so that Yen dominated prices are level, but USD prices can be increasing. If it weren't for FX rates then you could easily arbitrage across markets

It’s just the rent doesn’t change. Prices of other things will change secretly. For example the price for 🥐 and packaged 🍰 have gone up 10%. Other things may change to smaller size. The Japanese companies raise salaries very little so the inflation doesn’t seem that high.

Thank you for this comment

Exactly. This is the reason why Amazon supports minimum wage.

What do you mean theres no minimum wage

@@nickko4042 so you can paid your employees as cheap as possible to keep afloat and competitive

@@heybudi the employee only accepts that if they believe that is the best thing they can get.

Hardly. Take a look at the incredible and massive debt/ trade deficits the USA carries around. Now look at Japan's GNP, and what it produces and exports. Growing for the sake of growth itself is not sensible or intelligent.

Yes and no. People don't leave compared to other countries, but when you do leave, there really isn't a higher wage available for your next job either. Companies just spend money on useless stuff like drinking parties and company trips.