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20-11-2014, 11:10 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
Came across a comment as follows:
For an economy that is 60% consumer spending, the last thing you would want to do is wreck the currency and import inflation. Yes, it helps the 15% of your economy that is export based, but kills the majority with inflation.
Parity soon Yen=S$
Just saw Yen100=S$1.102
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?194334-USDJPY-Hits-118-Abe-s-Worst-Nightmare-Weaker-Currency-Weaker-Stocks&goto=newpost).
Came across a comment as follows:
For an economy that is 60% consumer spending, the last thing you would want to do is wreck the currency and import inflation. Yes, it helps the 15% of your economy that is export based, but kills the majority with inflation.
Parity soon Yen=S$
Just saw Yen100=S$1.102
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?194334-USDJPY-Hits-118-Abe-s-Worst-Nightmare-Weaker-Currency-Weaker-Stocks&goto=newpost).