Tag Archive: Japan Exports

History of Bank of Japan Interventions

We show the history of Japanese FX interventions. The Japanese only intervened when the USD/JPY was under 80. Therefore the 2016 FX intervention threads at 108 are ridiculous. As opposed to the Swiss National Bank, the Japanese only talk, they do not fight.

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(2.4) Purchasing Power Parity: Prefer Export Price Indices against PPI



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Michael Pettis: Abenomics is just a measure to enforce higher household savings

This article by Michael Pettis remains one of the most important contributions on Abenomics. If anybody wondered by GDP contracted in 2014. It is not only the sales tax but even more the weak yen that forces people to save more. Both companies and finally also consumers are savings more. Companies do not invest.

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Is a Liquidity Trap Really a Problem? Yen Debasement Part3 by Noah Smith

Thoughts on the Japanese Currency Debasement (part 3) In previous posts we looked on the following aspects of the recent Japanese currency debasement: Overview: What different leading economists – Paul Krugman, Richard Koo, Adam Posen, Kyle Bass – think about the Japanese currency debasement and the way to more private spending and investing instead of …

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