Has Inflation Revived Japan’s Economy?

[@Jeffery-f2e]

The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@Fred-w7t]

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

[@raymond-i2v]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@Jordan8568-l4u]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@raymond-i2v]

My CFA ’Stacy Lynn Staples’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@Johnwestly-l6n]

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

[@kavinravichandran649]

Inflation in the rest of the world: This is destroying my life. Inflation in Japan: I'm about to start this man's whole career.

[@loui2bolus265]

Japans economy has an entire economic catagory for a reason

[@soonlytaing1708]

We're talking about economic inflation, right? RIGHT?

[@BTAxis]

@@soonlytaing1708 Relax. We don't kink shame around here.

[@deezeed2817]

I can assure no Japanese feels good about the economy. The inflation is due to a weakening currency and higher costs of inputs. How does that befit Japanese at all? Please explain

[@dazdje]

@@soonlytaing1708 japan's been in a state of deflation for decades, but it produces a lot of inflation

[@Joyleanne]

Japan resident here. Inflation has really affected food prices (though it took way longer to affect us, and it's not as bad as many other countries), but wages aren't keeping up, those wages you mentioned are not for the average worker. With the weak yen, all imports are getting more and more expensive, and a lot of people have said they aren't traveling this summer, domestically or internationally. So the tourist boom is all well and good, but it's shit for the actual residents.

[@ab-3983]

I would love to know more about the current situation from your perspective. As someone who dwells in Japan, your insight would be much appreciated and more credible, dissimilar to TLDR's inaccurate analysis.

[@Tryh4rd3rr]

Now I can’t buy pc parts 💀 I live in Japan btw

[@roujin518]

This is always how it ends up. The myth that wages will go up with inflation is a lie. Inflation is a tool to strip workers of resources while large companies deny raises. The only time wages go up is in time periods where unemployment is very low and employers have to raise wages to try to convince people to leave their current jobs or to attract the few unemployed that are left. This is why corporations do not want low unemployment ratings.

[@littlefive5]

@@ab-3983 I want to point out one mistake in the videos is that the increase in the wage is smaller than the expense in food or rent. It shows that the inflation rate only increased by 2%, while actually, the food price increased at least 10% (or more, depending on the goods). For the wage, a crucial fact is that the average wage in Japan is the lowest among the G7, even lower than Korea (minimum wage per hour). This makes the real wage (detecting inflation) decline for more than two years. Therefore, the true feeling for normal Japanese residents is that everything has become expensive due to the devaluation of the Yen, while my wage cannot cover the increase. A more severe problem is the decrease in GDP and trade deficits. This is not a good signal for the economy recovery in Japan.

[@mamferry17]

Japanese resident here. Moved out of Osaka (the second largest metropolitan area after Tokyo) for work, thinking that with the same salary but living in a smaller city I would be better off. Now the cost of living is the same as in major cities, without the benefit of japanese world class transpo, etc. I predict that the inflation will speed up population drain from rural areas and smaller cities to the larger ones. Although I live in a pretty sizeable city, I'm actively working on moving back to a metropolitan area.

[@海原宗太郎]

I'm Japanese. Japan's economy has been sluggish for many years, but in fact Japanese people are not suffering that much. You can't measure a person's wealth by GDP. For example, even in the United States, the world's largest economy, 50% of young people are forced to take on second jobs due to financial difficulties, many people have become homeless, and many people are suffering due to medical collapse. On the other hand, in Japan, we can say that the quality of life is high compared to other countries, with cheap and delicious meals out, low crime rates, excellent medical care, high quality service even without tipping, convenient trains and convenience stores, clean cities, orderly people, abundant tourist resources, few homeless people, cheap housing, etc. It's true that it's difficult to travel abroad due to the weak yen, but most Japanese people don't have passports and don't travel abroad to begin with. This is because there is a lot of entertainment and tourism available domestically.

[@はにわまる-m9b]

そうですね。生活は全く苦しく無いですが、でも低所得者層がキツくなっているのは事実です。日本は人口規模の割には異常に犯罪率が低いですから、安易に外国人の単純労働者を入れないで欲しいところですが...政府は外国人をちゃんと選別してくれるのでしょうか？差別とか下らない事に囚われてヨーロッパはおかしくなりましたから、特定のグループは入れないのが正解なのですが、どうでしょうね。

[@BigFishEatLittleFish]

@@はにわまる-m9b日本はかなり頑張って弾いているとは思いますけどね。外交に差し障らないように若干だけ受け入れて、上手く外圧を受け流してるように感じます

[@はにわまる-m9b]

@@BigFishEatLittleFish 今の所は.そうですね。ただ、岸田自民は人気が落ち続けているので、立憲民主党とかれいわ辺りの人権派(笑)勢力が不安要素です。入管改正法に反対した党ですからね。今の制度でもかなり甘いと思うのですが。外国人の適切な受け入れなら自分は仕方ないと思えるのですが、不法滞在者を擁護するのは、英国など見ていても良いことではありませんからね。

[@BigFishEatLittleFish]

@@はにわまる-m9b全く、自民党の求心力低下は頭の痛い問題ですね...後継の人材も育ってませんし、現政権にもしもがあれば心配です。

[@LollipopLop]

I heard Japan increased wages now I’m sure ordinary citizens like you are enjoying it

[@joeclark1893]

0:22 bro don’t do that

[@inoovator3756]

It made me anxious for a sec

[@MemekingJag]

yeah, its so much better when they use a generic alarm sound instead, that shit gives me ptsd

[@Ania-cg5rx]

The second I heard that I was „📈📉📈📉. … hah… hah, oh my god why did he do that”

[@yapisaiah5307]

seriously i wanted to comment this too, PLEASE DONT USE ALARM SOUNDS

[@milkdromeda1531]

Actually gave me a slight physical reaction, that sound really is not pleasant 😂

[@Burito-tj5ry]

The world : the economy is so bad right now Japan and Argentina : our time has comes

[@vinniechan]

Argentina is basically retooling their economy to the workings of a more conventional ones Japan is going to have a much harder adjustment With zero inflation bond holders have been willing to put up with near zero rate Now there is positive inflation if the rate jumps just 1% that's an extra 2.3% GDP in cost of servicing debts

[@Matixmer]

Funnily economists say for years that Argentina has every reason to successful and Japan has every reason to fail. If now both are successful when the rest of the world is not 😂

[@kingsly3690]

At some point Japan's population and infertility will catch up to them and Japans working class will probably be replaced by indians and mexicans

[@sharpasacueball]

@@Matixmer I wouldn't say Argentina is successful just yet. They have not met their targets in many key industries. Japan's success is all speculative at this point

[@toyoashihara6242]

private sector is not that indebted. wrong

[@bowiebrewster6266]

Japans biggest issue is still its demographic one.

[@soundscape26]

That's much trickier to solve.

[@Soilfood365]

A little more hospitality to immigrant labour would resolve that pretty quickly.

[@whocares435-z9v]

​@@Soilfood365you understand that's not actually sustainable, right. It just bandaids over the problem with Capitalism and let's the billionaires get away with continuing the system for a few extra decades until those populations run out too

[@Soilfood365]

@@whocares435-z9v I do, but any time you add a little humanity to capitalism it makes it a tiny bit more livable.

[@whocares435-z9v]

@@Soilfood365 But they have no incentive to treat workers better in a way that would increase birth rates (higher wages, less hours, kinder working conditions) if they can just import more desperate workers instead. Labour scarcity is the only thing that will provoke change to the system. Better for them to run out of workers now and be forced to change, rather than import replacement labour until it runs out and then be forced to change anyway in 50 years.

[@mitsubishi777]

I am Japanese living in Japan. At least in Japan, the number of homeless people and illegal drug users is not increasing. The unemployment rate is extremely low. Big companies such as Toyota, Honda, Sony, and Mitsubishi Heavy Industries are making a lot of money thanks to the weak yen.

[@ERS2000]

It seems like all this “good feeling” about Japan’s economy is not about the average Japanese person’s bottom line and more about the top figures governments and business care about

[@VVayVVard]

It's about productivity, ultimately. A weaker yen makes Japanese exports more attractive at a global level, which enables businesses to return to Japan, which increases labor opportunities, which increases the productivity of the average person, thereby increasing GDP per capita. It doesn't necessarily mean the average person gets wealthier though, especially not in the short term.

[@ERS2000]

@@VVayVVard so like I said. Lol 😂 but yeah I mean you see it here in the us too. Our stock market is at an all time high. It seems the same with inflation of goods and services as well as housing for those that rent. I understand that it trickles down in terms of opportunities. But a country like Japan should’ve pivoted a while back… I’m surprised it’s economy is still driven by exports.

[@luisfilipe2023]

I’ll let you on a little secret. The things top figures governments and business care about are what determines the average Joe’s bottom line

[@luisfilipe2023]

@@ERS2000yeah nothing really matters in the short term lol. It doesn’t mean over the long term (what actually matters) things won’t improve

[@GldnMnky]

It's not though they think it is because they dream of the 80s becoming reality again.

[@kortyEdna825]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@Justinmeyer1000]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@foden700]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@KaurKhangura]

How can I reach this person?

[@foden700]

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@KaurKhangura]

I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.

[@agmhelena7266]

japan's economy is so complex it is its own category

[@RusticRonnie]

@PacmanBrunnerhow would that help japan? Or do you just look down on asian people

[@あきらほしの]

@PacmanBrunnerno they don't?

[@Tromp222]

Black and Muslim workers 😂

[@lalalifull]

@PacmanBrunner There are already some dance teachers there are. Please don't be arrested by relationship problems much.

[@EmilianoLarrecochea]

There are 4 types of economies: developed, developing, japan and argentina.

[@marutan609]

The biggest problem is that the public does not recognize the results correctly and criticizes Prime Minister Kishida without thinking about it. Although the inflation rate is much more moderate than in countries around the world, we have issued appropriate subsidies in line with the soaring price of resources, and made tax cuts that are unparalleled in Japanese politics. Nevertheless, the people are complaining that "prices are high" and "Kishida is shit."

[@YOSSHI_MK2]

true

[@下木-s6v]

岸田最大のクソ要素は移民の犯罪を無視してる事となんの効果もない少子化対策だぞ クルド人が強姦しようが違法投棄しようが「移民は国の宝」だとよ

[@アイフォーン-er]

批判されている大部分は経済以外の点

[@GinJ1337]

talk to 10 people there. at least 9 will tell you it got way worse

[@sharpasacueball]

Other countries with inflation: *first time?*

[@BlackDragon-tf6rv]

Yeah lol what the f* did they expect is gonna happen ? lol

[@phunweng962]

Yes because deflation is harder to notice than inflation. For a country that have literally no inflation for the last few decades there are an entire generation of Japanese who didn’t even witness any price hike in their lifetime so everyone is freaking out. Inflation is a much simpler problem to solve compared to deflation, honestly.

[@epepe2265]

You can't solve a real economy problem with monetary policies. As productivity declines, so do real wages, a devaluatory policy only helps exports, momentarily boosting said industries, but at the expense of everybody else losing, and if you dont fix the root cause of the problem, you're just inflating a punctured tyre, similar to what Argentina's been doing past decades, for different reasons.

[@shingetsu10]

Correction: Japan never had the largest economy in the world. During the 1980s it was second to the US.

[@bertilcoolson3922]

Maybe they meant gdp per capita compared to other big nations... or it was just another mistake

[@cloudkitt]

he did say "richest" rather than "largest," so yeah probably gdp per capita

[@yensteel]

⁠@@cloudkittI double checked with GDP per capita year by year, and the closest was number 2 in 1988 and 2000. They climbed up from 23 in 1980. They held 3rd most of 1990s. They plummeted to double digits in 2003 and haven’t returned to single digits. I’m not comfortable that “former largest economy in the world” was claimed as fact. It’s a red flag for unprofessionalism. A documentary should get all numbers correct without vagueness. Such sayings in an intro is a common practice of clickbait content KZbinrs making low quality“Top ten things you didn’t know” videos. This channel provides semi-professional, yet highly informative analysis, so this hurts their image.

[@Alonewarrior-t3q]

They were about to surpass USA.This inflation and 30 years economical crisis is what USA has done to japan in order to win trade war.USA got jeaolous of japan, he will do the same to china then india.China has started suffering from economical problems.Economists don't think that they will ever surpass USA.

[@Gameboypxht]

This didnt age well

[@SonuSharma-xx2hj]

What happened

[@apollo1694]

​@@SonuSharma-xx2hj Nothing

[@user-221i]

@@apollo1694 Nothing ever happens

[@martinsriggs2441]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly, which means more red ink for portfolios this second quarter of the year. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my stock portfolio

[@charleyluckey2232]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@fosterwhales1027]

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

[@kayladurrett7374]

Please, who's this advisor that guides you?

[@fosterwhales1027]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with Larry Kent Burton for about five years now, and his performance has been consistently impressive.

[@fosterwhales1027]

He's on Instagram *

[@サンピン-s7j]

Absolutely, yes. Japan had been suffering from deflation. Mild inflation is the only key for growth of countries. Deflation is the worst scenario in economy.

[@wilberdebeer4696]

Worst scenario for investors, not for the average person however.

[@サンピン-s7j]

@@wilberdebeer4696 Worker are also sad because salary will not grow up at all.

[@Jordan_Warrington]

Somthing to say about Japanese debt. while they have a high level, the goverment owns alot of it this basicly makes it redundent.

[@sailingadventurer]

Yeah, the bank of Japan itself hold more than 60% of Japan's debt. So Japan would never be a bankrupt nation like Pakistan or soon to be Italy ( which have high amount of debt ). Infact Japan ranks very high on Moody's. But still Debt is a debt. And raising interest rates will cause pain for the average Japanese.

[@michelangelobuonarroti4958]

@@sailingadventurer Italy is the exact same as Japan though, it has barely any foreign debt. The issue Italy has is that it doesn't control its own currency but has to shoulder its own debt. It's an unfair situation where the strong EU economies can profit from exports because countries like Italy and Spain push down the value of the Euro while they are not willing to share debt at the EU level. In truth, if sovereign debt in the EU was shared, just like its currency is, then the Italian government could focus more on investing in the country and tackling the actual issue Italy has, namely low productivity, both in businesses and in government services.

[@PhthaloJohnson]

@@michelangelobuonarroti4958 Italy having a strong currency is not necessarily a bad thing tho. People in Italy can be assured that no matter what their savings are in safe hands and wont vanish. This stability is probably much more valuable then the monetary manipulation abilities of a national currency. At the end of the day, a currency is an exchange medium and its misuse by governments to control prices, wages, imports and exports is dubious practice at best and catastrophic at worst. It is of course true that the euro-zone needs a united monetary policy but unfortunately no government is pushing for it right now, including Italy.

[@michelangelobuonarroti4958]

@@PhthaloJohnson Oh yes of course, my point was not an argument against the euro, but an argument for EU debt sharing, sorry if that came across in the wrong way

[@h4tchery]

Instead of changing interest rates (which would probably be ineffective and is not targeting specific sectors - it is monetary policy), Japan can also raise taxes (a targeted fiscal measure) to combat inflation, should it get out of hand. This appears to be a good development.

[@TurielD]

Indeed, the Japanese central bank has basically been useless for 40 years - best to stay out of it now lest they screw it up

[@mando-C137]

Japans Inflation is supply-side like it was is the rest of the World besides selected sectors in the US. You cannot fight it with standard monetary or fiscal policy

[@GldnMnky]

Another tax hike in Japan? No thank you. Consumer confidence was low after the last but to increase taxes now with the double whammy of inflation+massive devaluation of the yen would kill consumption.

[@Fanaro]

6:18 Investors: "The Japanese economy is now super cheap. Scratch that. I mean revitalized."

[@emilioperez6888]

A cheaper economy means easier to invest in and high income from it if the growth goes well.

[@TheNinjaDC]

Japan's economy might improve, but it is shackled by its declining population and aging population. An economic miracle 2.0 needs a growing work force and consumers.

[@dewaard3301]

If debt is so high that interest rate hikes are crippling, then inflation is a better evil.

[@cherubin7th]

So: Unaffordable housing, expensive food, poverty in retirement are all good things, but everything cheap and top infrastructure is bad. According to modern economists.

[@TheSonic1685]

They want to keep debasing the currency as much as possible.

[@nekobasu99]

Bro hearing about Japan *not consuming enough* and inflation = real wages go up is a little insane to me... this just seems like number going up on paper but in real life it's just Japan now being ripe for exploitation

[@uss_04]

Japan makes for a very interesting case economically and culturally. They’re seeing record numbers of tourists, and yet the story of “Japan reaching reaching the year 2000 level of technology in 1980 and being stuck there” still feels true as an image they need to shake.

[@RockSolitude]

"Image they need to shake" bullshit.

[@Kazuki_22]

if it ain't broke. don't replace it

[@TanInVan]

If Morgan Stanley thinks anything is good ever, that's a red flag lmao

[@jeremygonzales5295]

if i hear that alarm sound again im not watching this channel or any subsidiaries of the channel again

[@blissds-gi3mb]

Hey everyone! This video got me thinking... has inflation really revived Japan’s economy? 😅 I’ve got $234k just chilling in my emergency fund, ready to dive into investments, but I need a headstart. Any thoughts on where to begin? Or should I just buy a ton of sushi?

[@MollyShorters]

Haha, I hear you! 🍣 sounds tempting, but I’d say diversify and start with something solid. Contrary to what many think, inflation isn’t necessarily a bad thing for an economy. It can boost spending and investment. But hey, with that amount, maybe get some professional advice. An investment advisor could really help you make the most of it.

[@claireNymans]

Totally agree with you both. I’m sitting on a similar amount and I’m lost on where to start. Investing sounds great but I have no idea how to find a good investment advisor. Any suggestions?

[@MollyShorters]

There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@claireNymans]

I just looked up Linda Aretha Reeves and she seems exactly what I need. Thanks for the recommendation! Feels like I’m finally on the right path to getting serious about my investments.

[@JH-qi7fz]

This aged like cottage cheese sitting all day in the sun in summer...

[@-Osiris-]

Inflation hasn't saved the Japanese economy, the truth is the Japanese economy was fine before, it's fine today, and it'll be fine going forward. The fear mongering was always overblown.

[@Anonymous-e2u]

So far, there has been no change in my life in Japan. The salary is low, but the cost of living is also cheap, so I have no complaints for now.

[@MiniPunxx]

I live in Japan for almost my whole life and Japan's economy is at its worse in decades

[@harukrentz435]

Even my friend who works in Japan complain about its economy situation.

[@numkid-d5m]

People living in Japan feel that the economy is in recession because they have not experienced inflation since the bubble economy.

[@MiniPunxx]

@@numkid-d5m The inflation number shown above don’t correlate to day to day life, where it says 3-4% when in realty is close to 20% in my opinion. I’m talking about personal experience what I used to do groceries with ¥10,000 now I need 50% (¥15,000) more to buy the same stuff.

[@numkid-d5m]

@@MiniPunxx If we look at the UK and the US, we can see that the war has led to inflation worldwide. Japan's 30-year break from deflation was probably a combination of high prices due to the war.

[@phoque121]

I for one think Japan is at the peak of perfection, and anyone who disagrees is just jealous 🤷

[@ochadeshita]

as someone who has lived in the US during the 2008 financial crisis, and someone who has lived in japan for 10 years, i can say that the current day to day feeling in japan is more like a recession than it feels like the economy getting back on it's feet.

[@ochadeshita]

@PacmanBrunner yea you can do it!

[@ochadeshita]

@PacmanBrunner nah

[@ochadeshita]

@PacmanBrunner nothing to do with race. 👍

[@KT-ki6gz]

These KZbin channels always get exposed when they cover your own country 🤷‍♂️ stockbrokers are the only ones here with optimism, the rest of us are coping with the reality that anything imported is getting unaffordable and worrying day to day that the yen is about to turn into actual Monopoly money

[@Learner5555]

​@@KT-ki6gz the yen is supposedly bouncing back??

[@Mikketamakulo]

People on the ground do not have such an optimistic view compared to this video. Why do I keep seeing a lot of "Why Japan's economy is finally growing videos" juxtaposing all these China collapsing videos smh

[@ab-3983]

If you dwell in Japan, can you tell me the present state of the Japanese economy from your perspective. Would be much appreciated.

[@aristokatclaude3413]

comeback? seriously? it doesnt feel like that for people living here Prices of everything, including basics increased by more than twice, even raw chicken increased by thrice while my salaries increased by less than 5% . If this is what growth looks like please bring back economic stagnation

[@themaster2764]

The issue is japanese workers are notorious for not asking for higher wages

[@myoptimumpride5178]

​@@themaster2764 They have the one of the worst working culture in the world

[@emilioperez6888]

Comparing to other countries, Japan's price increase of things is very low. I noticed this since I live in Shinjuku and I traveled to the US and Spain. The increase there doesn't even compare.

[@DA-xk6ex]

私の場合会社、いや業界全体で給与が上がっています。もし本当に苦しい思いをされているのなら転職をされてはいかがでしょうか？

[@myoptimumpride5178]

@@emilioperez6888 They aren't used to inflation, they probably felt it nuisance what a average person feel every year.

[@NorthHollywood]

In the 1980s, Japan was living in 2000. In 2000, Japan was living in 2000. In 2010, Japan was living in 2000.

[@syzyphyz]

This video sort of glosses over the fact that they're getting a tourism boom because the Yen is weaker now compared to foreign currencies, this acts as an automatic subsidy to anyone who wants to travel to Japan or buy Japanese goods, and a tariff to Japanese wanting to travel or buy foreign goods.

[@あい-s8z6r]

@PacmanBrunner wwww poopisoft

[@nomoreheroes93]

Never include that alarm sound again, far too triggering

[@pynchon9]

Snooze!

[@SameerGhimire98]

😂😂😂

[@protorhinocerator142]

I wasn't a fan.

[@Dave_East]

At this moment, things appear to be odd. Inflation is reducing the value of the Japanese Yen, but it is strengthening in comparison to other currencies and commodities like real estate and gold. People are switching to the dollar because they believe it is safer. I worry that the rising cost of living may cause the value of my retirement savings to decline. We could put our cash anywhere else.

[@Theodorebarba]

Having a mentor is my personal recommendation. It seems like a good bet if you have limited market knowledge, but I'm not sure where you'll find an experienced one.

[@Miakate-f3l]

I concur. In light of individual experience working with a financial adviser, I presently have over $1m in a very much enhanced portfolio that has encountered dramatic development. It's not just a matter of having money to invest in stocks. you also need to be knowledgeable, persistent, and have strong hands to support your investment

[@Sofiapaate]

Please who's this advisor that guides you?

[@Miakate-f3l]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with Jessica Lee Horst for about five years now, and her performance has been consistently impressive.

[@Agatha.wayne0]

Thanks for this. I just googled her name and found her webpage. I'm really impressed with her credentials and I reached out to her since I need all the assistance I can get.

[@ANTREU96]

I dont remember where I read this but it is a silly joke that is fitting here there are four types of economies: developed, developing, Argentina, and Japan

[@julianocamargo6674]

It is a funny joke but it shows how this type of economic science is not scientific at all

[@Soilfood365]

Stories like this just remind me that the entire growth-based model of capitalism is desperately dystopian.

[@birdatbattlefield]

So dystopian people like can't live anywhere else.

[@jer1776]

Yep. Happy population with ability to comfortably raise families>GDP

[@nntflow7058]

The Communist no-growth model ain't better though.

[@suzukininja24]

I’m living in Japan. Whatever small wage increases I received is not even close to how expensive everything is getting

[@vagabondcaleb8915]

This is why they should give out UBI with the stipulation: New money/credit is created only when you spend the money; you must spend the money in order for it to come into existence.

[@silikeite]

This UBI needs to be protected from debt (and debt collectors) - as mentioned in the video it's bad if that additional stimulus is used to pay back loans rather than on spending and investing.

[@vagabondcaleb8915]

@silikeite True. I knew I forgot something.

[@aytekaksu9743]

Well, this video didn't age very good.

[@youcantata]

Inflation can not solve root cause of Japan economy. Inflation is reducing consumer spending of Japanese people, which in tern reducing domestic GDP. Root cause is lack of investment and poor industrial productivity. Without healthy investment, no GDP growth. Population decline is only secondary cause. Productivity stagnation is first, root cause. So inflation does not help investment or productivity.

[@steinwaldmadchen]

But deflation partly led to a cost cutting mindset among companies, as customers are not expected to pay extra for the added value, and hence necessary capital for investment.

[@BlackDragon-tf6rv]

@@steinwaldmadchen That doesn't make sense, you don't spend more because your savings are gonna be 5% less valuable next year. You spend on what you need and what you want. Besides, if you can build up savings faster, you're gonna be spending more on more expensive things, like housing.

[@BlackDragon-tf6rv]

If the spend is driven by the gov, with that income from inflation, then is gonna be wasted. So even that means less growth than just 0% inflation

[@steinwaldmadchen]

@@BlackDragon-tf6rv I'm not talking about consumer side - but producer side. As customers are not expect almost any price increase, companies had to maintain it even when external costs increase - so the cost cutting must happen in somewhere. . That combined with a cash reserve mindset caused by debt trauma and multiple other factors led to almost constant cost cutting and usually it's salary (or employment) and R&D that were sacrified. While Japan's work environment has been hostile, many of the horror stories actually came from the start of the century, when the economy was so bad that current and future employees literally had to beg for work. While that works in the short term, the economy be weaker in resilience in the long term.

[@youcantata]

@@steinwaldmadchen No, Japanese firms toiled very hard to cut cost during long stagnation/deflation. Price hike is last resort to fight inflation to them. So inflation or price hike won't induce large investment, due to weaker consumer demand. Japanese consumer is not spending more, but They are reducing spending due to inflation without corresponding income boost.

[@05kevincheong87]

The inflation is not driven by demand but by the supply, which isn't good

[@NEW-user.]

Many Japanese people hold their assets in cash. So when inflation occurs, there is pressure to spend cash.

[@timothytumusiime2903]

That apology ad of mass bowing was low-key hair raising 😂

[@ac9331]

Is this a prank with that title 😂

[@VV_main]

this is what happens if you only rely on internet to do your research if you actually live there you will know it has never been worse than now and it will only continue to get worse

[@ab-3983]

Do you dwell in Japan by some chance? If so, would you be so benevolent as to provide me with an insider on the present state of the Japanese economy. The BOJ claim they have a solid strategy, but I am not one to believe as such. It would be appreciated to hear from the prospective of a citizen in Japan.

[@VV_main]

​@@ab-3983 As far as I know, BOJ has intervened the market for the 3rd time recently since 2021 after yen to dollar hit 162 yen in order to lower it back down to 155 per 1 USD; they are essentially emptying their piggybank to stop their currency becoming worthless. The thing is, they only have a limited amount of foreign currency saved, and despite efforts they are just slowing down the inevitable. The depreciation of Yen was a result of Abenomics, which intended to lower the value of Yen by printing money like crazy in order to make Japanese exports more affordable while making other statistical values look pretty on graphs; on paper, exports thrived however imports on the other hand also became more expensive which made the people who are living in Japan relatively more poor as they now had to pay more for things all things import, like iPhones or food. Now, since wages have not changed significantly but everything else in Japan is more expensive which deters people from working low wage jobs, and to fill this gap, the government has been lowering the barrier of entry to work in Japan since 2019 to fill this labour shortage with foreign workers. The ssw1 visa was introduced basically as a pseudo permanent residence but even after this, they are not able to get people to come to Japan to work as Yen depreciation meant less money to send back home compared to 10 years ago; Japan is no longer a place of choice for foreign workers simply because of harsh working conditions and low wages (on top of this the whole country is still VERY analogue in this digital age so efficiency is poor) At this very moment numerous businesses are also going out of business, due to the reasons above (shortage of staff + higher cost of maintenance) and even if you were of the working populace in Japan, in about 10 years when Dankai generation 'retire' you are going to be paying hefty taxes to support their retirement. Speaking of generations, right now 1/3 of the population is considered old, and it is only going to get worse from here when essentially the baby boomer generation of Japan hits retirement age. I am going to also include that Japan never really had an answer for the ice age generation (basically shunned them and pretended they never existed) who were born between 1970-1984 who could not find jobs after the bubble burst and since remained unemployed and now too old to find jobs anywhere. The final nail in the coffin is dropping birthrate every year, as no one in their right mind would want to have kids right now, as they will grow up to pay more taxes than anyone ever did historically, no guaranteed retirement or superannuation scheme for when they get old. Not to mention to get married in the first place is impossible as they need to make 5000000 Yen per year but most of the populace is making less than half that. Sorry for the wall of text, I lived in Japan since 2010 but around 2015 things were already looking very bleak.

[@RyoAizawa-zs8cd]

@@ab-3983 Salaries have not risen as rapidly as in the United States, and take-home pay has only increased slightly due to increases in pension and medical insurance premiums and taxes, but the working hours of the Japanese people around me have clearly decreased over the past decade. I am an employee of a prime company listed on the Tokyo Stock Exchange, and this year all employees received a monthly base pay increase of $200 in addition to their regular salary increases. If you include rent subsidies, even as a new employee, should have at least $1,000 at disposal to spend on things other than survival. Over the past decade, the working environment has improved so that Japanese people who graduate from university and join a regular Japanese company, even if not a top automobile company, can balance their work and private life. I don't know what the Bank of Japan's policy will be. I believe that as more nuclear power plants come online, resource imports will decrease and Japan's current account surplus will likely be maintained, and that for the next few years the Japanese government's domestic and international policies will probably not change for any reason other than the whims of the US president (even if there is a change of government in Japan).

[@rebeltheharem7028]

No, its not. Most of the inflation comes from the highly increased tourism and foreign investment, which has driven up prices of everything. The problem is that wages aren't rising in return, which means it will cause an already conservative country to be even more conservative. This is a country where the CEO of a popsicle company had to apologize for raising the price of its products by 10 yen. The Japanese are extremely adverse to raising prices, and this includes wages too. So while companies may be experiencing higher profits, it doesn't mean the people on the ground floor are experiencing any of profit. So unless the data shows wages are increasing as well, its going to be a bad thing, because unlike the US, where people go into massive debt to keep up their consumerisms, Japan does the opposite. In economic hardship, they just simply spend less and save more. Average wage going up might sound like a good thing, but if its only because an executive raised his pay, then it doesn't mean much. The median wage increasing has to be the most important part. I don't really see this as a good thing until wage data shows that the median wage has increased equivalent to the inflation. If it doesn't, then it just means Japan's economy got worse. Not better. edit: grammour

[@Anti-CornLawLeague]

It’s decreased their citizens’ purchasing power. That alone makes it bad.

[@JS-jh4cy]

In Canada, Australia and usa people don't want to spend, but damn prices keep going up

[@TheSonic1685]

Since inflation is a money supply expansion prices have to rise even if people hardly spend.

[@Secret_Moon]

I don' believe inflation is good for Japan. The country is notorious for lacking native materials and relies heavily on import. Weakening the yen would only cause trouble.

[@bwhog]

All the Bank of Japan has to do, at least, according to the information presented here, would seem to be to just raise interest rates to 2% and hold it there for the next five to ten years. Let the cost of money start to increase so that the prices, at some point, HAVE to rise. Zero interest rates seem to have become a barrier to inflation.

[@Luke_Stoltenberg]

Well, prices sure have gone up but unless you work for one of the big auto makers or a related big company your wages are stuck at the same level they were in 2010. The "average wage growth" sounds great but they don't like to talk about the median. Eggs have come back down though, surprisingly

[@pwnzus]

@PacmanBrunner There was at most 1 black samurai lmao

[@itriedtochangemynamebutitd5019]

​@PacmanBrunner This must be a parody account 😂

[@rebeltheharem7028]

@@pwnzus Wasn't even a samurai. There was no evidence he was ever a samurai, and all the evidence just points to him being a slave brought over by a dutch missionary (which he basically remained until all records of him stopped). Basically 6 lines in all of Japanese recorded history, none of which alluded to him being a samurai (but did explicitly state he was a slave and alluded to him being Nobunaga's pet). He was basically the only black dude to ever visit japan until the modern century.

[@pwnzus]

@rebeltheharem7028 I'm too lazy to get into the nitty gritty on the topic since I know there are people who are more qualified to speak about it than me. I would like to emphasize my usage of "at most"

[@Leon-le9cn]

@@rebeltheharem7028 That is wrong. He stopped being a slave after becoming a samurai, since he received a wage. He served under the lord who freed until his death tho, yes.

[@julianocamargo6674]

Dropping rates and rising inflation triggers not only change in behavior but also a huge transfer of resources. A good economist would start from there to justify any benefits. To simply tweak the levers and claim it is working is not science, and drove entire nations to destruction

[@Daniel_12_3]

Concerns about a potential recession and the Fed's talk of interest rate hikes have left me uneasy. I'm unsure about my $440K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly.

[@Anderson_313]

I completely understand your concerns. But In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.

[@MikeCasey-z5m]

I agree. This is why having the right plan is invaluable, my $510k portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a more figures ballpark goal this 2024.

[@lunaezj-e9b]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you.

[@MikeCasey-z5m]

“Iynne Marie Stella” is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@williamsscott3303]

Thank you for this Pointer. It was easy to find Her handler, She seems very proficient and flexible. I booked a call session with her.

[@hellstorm300]

If Buffett starts buying the Japanese stocks - that's the most reliable sign that things are improving.

[@960john]

Although he didn't buy "japanese stocks", but 5 specific companies in the same sector, for reasons that aren't correlated to japan (world inflation in materials, oil ecc.. and cheap valuation)

[@AlexSawdon]

I've been looking for a news magazine to subscribe too, the release of your magazine is just perfect.

[@ZZZZ-mkv]

30 years of deflation... Food is inexpensive and healthy. Housing is widely available and affordable. So terrible.

[@yodorob]

It's funny how Argentina and other ultra-high-inflation economies can't wait for their inflation rates to get drastically lowered, while Japan can't wait for its inflation to go up (hopefully slightly, but just enough to propel it again).

[@theconqueringram5295]

A company apologizing for raising prices through ads should happen more often.

[@liampriestman4090]

My question, is it really that detrimental to Japan to have stagnant price and inflation rates? We say these things are bad because of the effect on economic growth but what has happened to standards of living in Japan? Because every western country I can think of has standards of living dropping over the past decade and we've had no problems generating higher GDP and inflation. But numbers on a spreadsheet don't really mean anything if no one in the west can afford to support a family anymore or buy a house, but Japanese people are happily stuck in a 80's/90's era standard of living with no changes on the horizon.

[@Joyleanne]

I do agree with you. I think the issue is that stagnation isn't only prices. No one is investing, trying new things, or growing, and Japan needs to attract workers from overseas (and treat them well), but the pay and work life balance just isn't appealing. The joke is Japan was in the year 2000 in 1990 and hasn't left. But the standard of living isn't bad. In a magical world, prices would stay cheaper AND Japan can still grow and thrive.

[@bonner-qv3mi]

Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

[@rapp-in1mz]

I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA

[@WalterDorcas]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

[@bonner-qv3mi]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@rapp-in1mz]

"Nicole Anastasia Plumlee" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@bonner-qv3mi]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip!

[@MikeCasey-z5m]

It's sad how difficult things have become in the present generation. I was wondering how to Utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

[@Harris_j1]

Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself.

[@ElizabethMoore-k2h]

I agree. I've been working with a financial advisor since 2020, and I return up to $15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.

[@Anderson_313]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@ElizabethMoore-k2h]

“Jessica Lee Horst” is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@Alex_will12]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@undertone2472]

Japan, inflation bad, deflation bad. Wage segmentation bad, wage increase bad. 😂

[@yensteel]

0:25 When was Japan the richest economy in the world, and by what metric? Japan has been very competitive, but they have never ben number 1 in any of the common metrics in the recent century, such as GDP, GDP per capita, Gini coefficient, nor the HDI index. They were a powerhouse as number 2 in GDP, at 17% of the world's entire economy at least. It's concerning when such claims are made baselessly or inaccurately.

[@balighy1472]

I visited Japan from Canada in March, and was astonished at how cheap food and everything was there. Our views on economics must be backwards if we believe making things more expensive is good for the economy.

[@SonnyDarvish]

One key observation in recent years is the fact that south east asia not only has to potential to up its game, but there is willingness from many advanced economies to move away their production lines from china (one point of failure, especially due to recent political frictions). As much as I love to see Japan to stabilize, I root for SEA's growth and advancements.

[@tangoishi6392]

Japan inflation does not help residents as 60% of food are imported. Import of oil, animal feeds also increase due weak yen. Price increase cause reduce in food consumption. It's better to have deflation and stronger yen

[@ROUKWA_S]

As a Japanese, I think that "comeback" never came and it won't.

[@ab-3983]

In your opinion, is the BOJ lying about being able to achieve a "growth cycle" and is the future economic trajectory (as well as that for the Yen), positive or negative.

[@ROUKWA_S]

​​ @ab-3983 In boardly, I think now we're facing "Stagflation" definitely. In the first place, this problem has lasted since early Heisei era. Some experts pointed out the stagnation of our economy since then. e.g. Japanese net salary decreased YoY 27 monthes consecutively until this august. BOJ excuse regarding rate hike is undecent. That problem never changed, continued throughout several decades. All such rediculous problems was caused from lack of detemination of ourselves . And such lack of determination has started while allied occupation. In such aspect, this bad tide would not change in short term.

[@ROUKWA_S]

P.S. And well, BOY is lying definitely, and now and future environment is negative for Yen currency.

[@ab-3983]

@@ROUKWA_S The stock market went into a state of bedlam 2 weeks ago. More than anything, I think that the probability of Japan's collapse (via bank defaulting, carry trade unwind, hyperinflation, unpeopling, etc.) is augmenting with each passing week. The G7, in general, is balancing on a tight rope right now. A collapse may be coming, and it will not be a forgetful one at that.

[@ab-3983]

@@ROUKWA_S There are no doubts about that, especially when observing their incessent rhetoric regarding interest rates.

[@ashleyjaytanna1953]

The other day I paid to fill air in my tire. The reason - inflation

[@dagroth123]

seems like the tire deflated first, the result was inflation.

[@cwaddle]

Why on earth do you want to deliberately have inflation? Zero inflation gives comfort that they can have the same level of living standard with no or little wage growth. The thing is that inflation always seems to come with massive asset bubbles

[@homestarrunner-e9d]

Another consequence is that companeis are not doing as much R&D, further affecting future gains.

[@Americanbadashh]

Debt minimization makes so much more sense to me than profit maximization does.

[@flynmai1369]

Japan is different bro. They Eat economy to breakfast. 🗾🎌🇯🇵

[@bernadofelix]

Our economy is facing challenges due to uncertainties, housing issues, foreclosures, global fluctuations, and the lingering effects of the pandemic, all contributing to instability. With rising inflation, slow economic growth, and trade disruptions, it's crucial for all sectors to take immediate action to restore stability and promote growth. is wise to invest in stock etc

[@Agatha.wayne0]

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

[@MemoryKasu]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

[@Agatha.wayne0]

Stacy Lynn Staples is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@damianmedina07]

The inflation at first seems nice, but it will destroy the economy. Greetings from Argentina

[@nicolasbenson009]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[@BridgetMiller-]

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

[@tatianastarcic]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@berniceburgos-]

Please can you leave the info of your investment advisor here? I’m in dire need for one

[@tatianastarcic]

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Michaelparker12]

Thank you for sharing, I must say Melissa appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.

[@Evananthony2ed]

The best financial KZbin channel for everyday people. I'm celebrating a $30k stock portfolio today. started this journey with 8k, 1 have invested on time and also with my personal financial advisor, now I have time for my family and the life ahead of me.

[@GethelpService]

Jesse Brown is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

[@Oliver_liam133]

If i had not experienced this myself I would have said this is all lies but I've made withdrawals a few days ago and that's one thing I find difficult and impossible with other brokers.

[@henrymark1379]

Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.

[@paulvowless6223]

As the old saying goes "better time in the market, then timing the market"

[@AyaanFarax223]

Tell that to the Japanese. That only works when central banks (mostly the FED) are able to manipulate the market but their firepower is starting to weaken.

[@larrytyler823]

Real life example here. My pot is invested in 50% international stocks, 45% uk stocks & 5% cash & bonds. I retired at age 60 & the value of my pot was $290k. I have drawn down $70k over the last 7 years. My pot is now worth $440k. I still pay in $3.6k per year including the tax contribution.

[@JayJayRikes]

@@larrytyler823 Is that a withdrawal rate of approximately per annum?

[@larrytyler823]

@@JayJayRikesI didn't withdraw when the markets were down in COVID times. I have remained in the same investment funds all the pension's life & never changed them. I took the pension out with Equitable Life 35 years ago & the advisor selected these funds for me. Compound interest in later years did the rest.

[@larrytyler823]

@@JayJayRikesI didn't withdraw when the markets were down in Covid times. I have remained in the same investment funds all the time & never changed. Compound interest in later years did the rest.

[@TurielD]

Wage price spirals are not real. The reason Japan has not raised rates is because debts are very high and higher interest rates would kill demand

[@Jack-hx7ei]

extremely funny timing on this video lmao

[@Capzlk]

that's all nice and well in theory, but in practice this year Japanese people have been poor struggling to get enough income to live, and having to accept a decrease in salary, as opposed to big spending in the past 10 years. a lot of foreigners living in japan with already meager incomes (read: all foreigners) are slowly forced to leave the country due to simply not being able to survive anymore. in daily life, Japanese people have not experienced being poor like this for decades. in fact it's quite opposite from what you are presenting here. the stability was seen as a good thing and spending on luxury and services were insane. This collective country-wide money saving and not spending is simply not what i have experienced spending time there.

[@oldskoolmusicnostalgia]

Inflation is good for "the economy"... or rather, certain small segments of it. For the majority who rely on a salary rather than assets to live, it's a disaster: your wages will never rise as fast as inflation, so you keep getting poorer as in Western Europe and North America. The Japanese who thought they had it bad all those years will soon perceive the secular stagnation period as a golden one. But businesses and corporations will love it eh.

[@hungo7720]

The lingering depreciation of the Japanese yen has rendered more expensive exports which then cause goods' prices to tick up. This is presumably inflation leading to wage rises for workers to combat it. Hopefully Japan can revamp and reinvigorate its stagnating economy in the near future.

[@killroy8976]

I see the positives, and on net Japan is a very strong exporter. But their dependence on important hydrocarbons make the weak yen a very sharp double edged sword...

[@Stone_624]

2:54 "They have little incentive to spend, or at least less incentive to spend than they would if prices were rising in an inflationary environment" I've personally NEVER understood the "Incentive" to spend money in an inflationary environment. I mean Sure, The value of money deteriorates at a feel-able pace, and it's true that "Now will be the cheapest time to buy XYZ than it ever will be, So therefore it's better to buy now than buy later" , BUT ... IF You're financially responsible, I'd personally (At least I Personally) think that it'd be better to SAVE MORE MONEY in an inflationary environment than to spend it -- Because the more you save, The more you can invest, and the bigger your buffer against the impacts of inflation to your everyday life. Yes the Economic Situation will worsen , But that implies you NEED A HIGHER MORE AGGRESSIVE SAVING RATE in order to not fall behind financially to that inflationary pressure. Sure you could TRY to increase your income, But it's far easier to SAVE more than it is to EARN more (if you have any self control and discipline). I personally Reduced spending and Increased savings significantly over the last 3-4 years. I'm personally WAY less of a valuable consumer to the economy in the recent inflationary environment than I was before the pandemic. And the opposite is equally true of the Deflationary environment. Sure it's nice if the value of my money grows, or at least stays the same, and prices fall, But in REALITY prospects of falling prices in the future, Unless they're predictable and significant, don't actually have a real impact on spending decisions -- It boils down to just "Do I have enough money on me to afford thing X", And without if the answer is Yes then you can buy it now , And if not then you can actually LOOK FORWARD to the prospect of buying it in the future at the same or a lesser price. I don't know about anyone else but I've lived in Japan since 2013, and Japan has felt deflationary pressures in the time that I've been here, and I've never ONCE in the time that I've been here put off a purchase due to the future prospects of "Deflationary Pressures". Whether I make a purchase has Always 100% been whether I have enough money to afford the damn thing at the time or not.

[@juice6521]

That's crazy that everyone trying to pay back their debt tanked the economy.

[@EmilOsena]

I don't think Japan is going all in with their Tourism at the moment. There's a lot of news in the past months that they are restricting where tourist can go. I do really want to see the data on the tourist's country of origin. I hear there's a lot of news that Chinese tourist defacing landmarks and such in Japan nowadays.

[@sharpasacueball]

Why do they spend millions each year promoting their country for tourism each year then? Ofc the government wants more tourists

[@MikeM-cb7xv]

I think you’re confusing that with the westerners who have gone viral for behaving badly, and have been deported from Japan. Search for the western woman who was harassing a geisha in Kyoto by following/recording her.

[@EmilOsena]

@@MikeM-cb7xv I'm pretty sure there's more going on which is why I prefer to see some data on reports of foreign tourist and mess they are doing over there in Japan. I don't think Japan will ever publish it thou as it can invoke some damage in their relations where the stated foreign tourist came from.

[@MikeM-cb7xv]

@@EmilOsena I visited Tokyo and Kyoto back in May and there were of course lots of tourists there. In the Gion district of Kyoto it was absolutely packed with tourists everywhere, and I will say I didn’t see any tourists behaving badly. The overwhelming majority of tourists there, regardless of nationality, are respectful and not behaving badly. That’s not to say there are no tourists behaving badly. If 5% of tourists behave badly that doesn’t mean there’s a problem with all tourists. And unfortunately it’s been overly exaggerated.

[@BigFishEatLittleFish]

@@MikeM-cb7xv私は日本人ですが、貴方の見解は全く正しいと思います

[@fishergabe]

the wage price spiral could give workers money at the cost of corporate profits - what a tragedy ...

[@JS-jh4cy]

Nothing wrong with deflation, gets cheaper to live is good

[@ColinRobinson92]

It's all fun and games until they deflate your paycheck.

[@tomblaise]

All fun and games until people stop buying from your job and you’re fired.

[@sharpasacueball]

This is why we need to teach basic economics to kids before they graduate high school

[@Talisguy]

The financial crisis of 2008 was a deflationary one. The "real economy" - the economy for the average person - basically still hasn't recovered from this after 16 years.

[@VendoThefastlane]

The apology advertisement was by Akagi Nyugyo, for the Gari Gari Kun ice dessert. It actually was a bit tongue in cheek and very popular for being charismatic in a way, and was not actually an apology.

[@steinwaldmadchen]

But it's so iconic to be the symptom of the bigger issues - presistent deflation mindset. Others just do stealth price hikes - basically keeping the price but switching to cheaper materials and reducing portions, or keep wages artificially low.

[@saisamsuri]

I'm no economist but maybe it'd help if stuff fulfilled by Amazon JP wasn't out of stock all the time

[@ephimp3189]

Japan for last 30 years: "we gotta pay off our debt, no more spending, just pay debt". Japan today: biggest debt burden in the world, both government and private. The hell you guys been doing last 30 years?

[@あい-s8z6r]

🤣😂😄😃😐🙄😶😔😩

[@pollutingpenguin2146]

Demographics and weak productivity are two huge factors that are holding back Japan. They are the fifth least productive countries out of all the OECD. Only just beating countries such as Greece and Hungary...

[@rickmarsh8379]

Yes, comparing productivity between nations is one thing, but in Japan, productivity has been rising since the late 90's and salaries haven't budged. Why would workers bother working harder to catch up with the productivity found in the other G7 nations when their salaries haven't changed for going on 3 decades. Is it any wonder no one wants to have kids? Japanese businesses need to step up and raise wages everywhere and get used to raising costs as well. They need consumer driven growth, not the accumulation of wealth in the hands of a few and stagnation of the rest.

[@pollutingpenguin2146]

@@rickmarsh8379 the GDP per capita is lower today than it was in the 90s. The companies aren’t make more money either. Japan is stuck in the 90s when it comes to pay, productivity, technology adaptation, women’s rights and so on. I am actually in Japan right now and I have never seen a more unproductive country in my life. Why do you need 8 people to dig a whole in the ground? Or 5 people at the hotel reception at a small hotel at 9pm? Why do you need 9 people at Starbucks making coffee? You could fire 2/3s of all Japanese employees tomorrow and you wouldn’t see a change in economic output.

[@rickmarsh8379]

@@pollutingpenguin2146 your statement about GDP per capita fails to take the plummeting yen into consideration cause I assume you are measuring it in dollars compared to other nations. When you look at data from 2020, Japan and the UK were roughly equal and France was slightly under. Domestically, Japanese companies aren't making more money, because their domestic market is being strangled to death by garbage wages, terribly low amounts of money given to suppliers and other industries that support the larger companies (which are making money and hoarding it outside Japan), and an aging population that is leaving the workforce.. Again, this is a problem that mentioned earlier. Wages haven't budged since the late 90's so domestic consumption is pathetic. The country relies on way too much on its export industries and has basically failed to realize that those industries alone can no longer lift the country when it has increased competition from Korea, China, Vietnam and others. I have been in Japan for a large percent of my life and I have not seen that many workers sitting around at a starbucks in Ikebukuro, Shinjuku, Shibuya, or even in Yokohama, where I imagine they'd have a need for that many workers. I have the inefficiencies that exist in government spending on things like road construction which is due to budgets needing to be used or they will be taken away (not to mention a desire to hire the elderly since the country is remarkably ageist). You could fire people and we wouldn't notice a change? I would. I have visited the US with their tiny workforces and long waits for various services and poor quality. There are labor shortages around the country. So, I am not sure what exactly you are seeing and where you are located that makes you think that there is some massive abundance of workers just sitting around.

[@pollutingpenguin2146]

@@rickmarsh8379 look at the statistics dude. Japans GDP per capita has been roughly the same for 30 years and if you look up productivity by country, you’ll see that Japan is at the bottom among the OECD nations and they keep dropping year by year. I don’t really care about your anecdotes, they don’t mean anything. I don’t understand why you’re defending Japan so hard when all the numbers say that you’re wrong. They are only just beating Greece, which isn’t exactly known for being efficient and productive and if you live in Japan, then you know I’m right. Anytime there’s construction, regardless of how small the site is, there’ll be a handful of guys standing around with a flag and a glow stick, waving people around the site. Same with most parking garages where you have a person to stop traffic whenever a car needs to exit and get onto the road. I could go on and on, but the numbers don’t lie and Japan is by all means incredibly archaic, inefficient, unproductive and stuck in the 90s.

[@YOSSHI_MK2]

@@pollutingpenguin2146 笑

[@BeunT_]

lol this aged well

[@FunkyBukkyo]

Finally, an easy to understand explanation video on Japan's economy.

[@eduardpertinez4767]

Inflation is not the problem. Never was. It reduces debt. Makes the economy much less tunned, but reduces debt. The problem is to stop inflation when you don't need it anymore. That is what sinks lots of countries.