[justworkout]

> The Japanese folks I’ve spoken to are pretty grumbly about the weak yen, though.

Your money losing half its value in about a year tends to do that.

[lobochrome]

It's not like folks here regularly shop in USD. Sure, summer vacations in Hawaii have become more expensive, but...

Import-dependent companies - different story. Export-oriented companies: Yeehaw.

[rayiner]

Apparently many American and European consumer products have pricing that tends to be indexed to USD. According to my wife, the Japanese women on her handbag forums are quite salty about the price of Chanel and such these days.

[justworkout]

Japan is an import-dependent company. Fuel and food are mostly imports, so that hurts everyone.

And export oriented companies are making money. But trickle down economics is a myth, so it's not benefitting the workers. The executives are doing nicely so good for them I suppose.

[lottin]

It hasn't lost half its value. A "weak yen" simply means the yen depreciated relative to another currency.

[RichEO]

Yes but there’s inflation too. The yen has devalued, but also the cost of goods in USD has gone up.

[cko]

USD to JPY 1y chart does not show a 50% decline - more like 11%

[justworkout]

Because it already collapsed a year ago. Look at 5 years.