This is all about a reckoning of having lived highly with the money that people neither earned from working nor boosting productivity, but gambling disguised in a name of investment. Money itself isn't the value. It's what you produce (from labor) that puts value on money. Gambling on the other hand produces nothing.

Thank you sincerely for this video. I'm just an average Aussie bloke, without any financial background. I learnt so much from your video! Additionally, may I compliment you on your presentation style, your straight forward, Non-AI-Slop production? This is genuine educational content, served in a manner non-geniuses can digest. I'm so grateful and impressed that I'm going to subscribe. Something I rarely do. Thank you for making this video. Genuinely, thank you. Best wishes in growing your channel, from Perth Western Australia.

Subscribed.  Love the complete explanation on a subject I was curious about.

In the mid eighties I was importing excavators from Japan into NZ. I had been watching $nz/yen like a hawk, the rate changed overnight in my favour so I pounced and bought 10 million yen directly, no conversion thru US$. Within a month or two of my diggers arriving in NZ the rate reverted back. I reckon there were others doing the same, someone had to lose for my gain.

AI voice still reads years as numbers.

Excellent video and explanation! Many thanks!

Funny how a cheap currency doesn't always equate to proportionately cheaper prices for tourists.  I found that out in Istanbul.

Made overseas 37%? That only counts what Japanese companies produce through overseas affiliates, it says nothing about how much Japan depends on imports.
Japan says it wants more foreign investors, but the business visa capital requirement just jumped from 5 million to 30 million yen. Six times higher. Who's going to invest in that? Japan is pricing out the exact people it claims to want, wages stay flat, and the people keep getting poorer. The government is protecting big money, not the commoners.

The Yen carry trade was (and is, because positions take time to unwind) huge. Odd consequence of globalised institutions. Inflation is the solution to giant debt; coupled with low interest bonds, fixed WW2 debt.

I want to go for a holiday when I can!

This video makes quite a fuss about interest‑rate differentials, yet somehow skips the rather awkward fact that Japan’s pension funds and insurers keep buying foreign bonds — and that companies aren’t exactly rushing to bring profits home.

The greatest Yen carry trades are gonna be made this year and next year

a falling currency is a tool for an economy that trusts its leaders, but a symptom of a deeper crisis when trust is lost

The biggest problem the economy is stagnant: seniority based compensation, not performance based for almost all Japanese corporations.

I live in Japan and I am f*cking pissed. Meet your mafia bosses: central banks.

Thank you for bringing facts and root causes to the Japanese Yen situation. I have hard time seeing Japanese yen ever strengthening again, even though BOJ is doing rate hikes and US intervention. Worked in Japan for 8 years, and the business landscape is quite out of date - using fax machines, slow on making decisions and very risk averse.

The only one thing I understood here is, even those who understand things can do very little with that knowledge. Just like many other things.

Nice Video

You think Japan is not occupied by the US now? 😅

Australians are apparently visiting and spending a significant amount more than us North Americans.

TBH my friend lived there for a decade with her husband. She’s Californian, he’s British. Our local state university offered him a better compensation package than he’d gotten in over a decade in Japan at a university and I think they must be psychic. They left before all of the trouble started. She’s relieved to be raising their child where she grew up. I gave up on my plans to do grad and PhD studies there because they’re even cutting things for that group.

Japan is Icarus. They flew too close the financial sun and got burned so bad their wings exploded. Now we’re here.