/jp/ - Otaku Culture

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Anonymous Fri Sep 24 05:11:32 2010 No.6178737 [Reply] [Original]

TOKYO (AP) -- Japanese authorities were silent after a sudden jump in the dollar against the yen that traders said was due to the Bank of Japan intervening in the currency market Friday to weaken the Japanese currency.

http://finance.yahoo.com/news/Japan-silent-on-intervention-apf-3624967967.html?x=0

Do you think we could luck out and have the dollar gain significant ground against the yen? There's some stuff I'd love to order.

>>	Anonymous Fri Sep 24 05:15:32 2010 No.6178750 >>6178737 Why would Bank of Japan seek to weaken its own currency? It makes very little sense.

Anonymous Fri Sep 24 05:18:32 2010 No.6178766

>>6178750
Japan is an export oriented country, unlike the US. So they are highly interested in keeping their currency at moderate levels.

Nintendo, for example, has lost money during Q2, even though it has some tons of goods, since the Yen is so strong.

>>	Anonymous Fri Sep 24 05:19:32 2010 No.6178771 >>6178750 >even though it has sold tons of goods fixed

Anonymous Fri Sep 24 05:22:32 2010 No.6178782

>>6178737
The dollar will still be shit because the US government is printing money like it's going out of style.

"A week dollar improves exports." That all we export is shitty popular culture produced by Hollywood jews who "lose money" doing it and pay no taxes on it. Food grown by illegal aliens who send their money back home and wars paid for by this generations grand children has not struck them as important.

So no a weak yen will not help an even weaker US dollar.

Sudo !Tohsaka8ks Fri Sep 24 05:23:32 2010 No.6178788
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[ERROR]

>Do you think we could luck out and have the dollar gain significant ground against the yen?
I certainly hope so. I have 22 figures pre-ordered, so every dollar saved helps.

>>	Anonymous Fri Sep 24 05:24:32 2010 No.6178790 >>6178782 You are not a patriot.

>>	Anonymous Fri Sep 24 05:24:32 2010 No.6178791 >>6178750 Simple. The Jews want to destroy Japan.

>>	Anonymous Fri Sep 24 05:27:32 2010 No.6178802 >>6178790 "Patriotism is the last refuge of scoundrels."

>>	Anonymous Fri Sep 24 05:32:32 2010 No.6178817 >>6178788 You ordered a Saten figure? You're dead to me now.

>>	Sudo !Tohsaka8ks Fri Sep 24 05:49:32 2010 No.6178880 >>6178817 That hurts, anon. I like all the Raildex girls, I bought the GSC Misaka last month.

>>	Anonymous Fri Sep 24 06:06:32 2010 No.6178930 >>6178880 Which Tohsaka Rin figures do you have?

>>	Anonymous Fri Sep 24 06:07:32 2010 No.6178937 The dollar is falling too compared to my currency, so that's fucking great, when it was at its lowest point a while ago it was at like 70% of the usual. Good times, never change.

>>	Anonymous Fri Sep 24 06:11:32 2010 No.6178946 >>6178937 ANZ?

>>	Anonymous Fri Sep 24 06:15:32 2010 No.6178954 Why is the yen so strong when Japan is in the middle of a terrible recession the likes of which americans can't fathom? I don't get economics

>>	Anonymous Fri Sep 24 06:17:32 2010 No.6178956 usd is even lower vs the yen than it was before the jump way to fucking go bank of japan. you made it even worse.

Anonymous Fri Sep 24 06:21:32 2010 No.6178963

>>6178954
Japan has a higher unemployment rate than 12.4%? That is what it is "officially" in California so you can double that for the real number here. You can do the same for the aggregate for the whole USA too. If for example you are over 50 and out of work you will be unemployed the rest of your life as a cheaper replacement for you has already entered the workforce and is looking for a job too. I don't think Japan is that bad.

>>	Anonymous Fri Sep 24 06:22:32 2010 No.6178964 >>6178954 Government interference

>>	Anonymous Fri Sep 24 06:24:32 2010 No.6178967 >>6178963 I believe there's a shortage of manual labor like machinists in Japan because of the stigma of that type of work over there, and an overabundance of white collar workers who can't find a job.

>>	Anonymous Fri Sep 24 06:39:32 2010 No.6179007 >>6178967 Stigma? What, are they associated with prostitutes or something? It's not as if they are doing anything lewd. But, if there is a shortage, that means they must be well paid.

>>	Anonymous Fri Sep 24 06:47:32 2010 No.6179029 >>6179007 blue collar work always has a stigma attached to it in countries that focus so heavily on education.

Anonymous Fri Sep 24 06:50:32 2010 No.6179040

>>6179029
Not everybody gets to have a transparent floor office though. And the unemployment is a bad sign too. Those who do not have jobs will have to do worse jobs like driving taxis or store clerks/vendors, if they are lucky,

Yes. I consider being a salesman worse than having to work in a factory.

>>	Anonymous Fri Sep 24 06:53:32 2010 No.6179053 The Yen rebounded it was a rumor.

>>	Anonymous Fri Sep 24 07:01:32 2010 No.6179081 >>6178954 It's mostly due to cheap money combined with deflation. The Bank of Japan lends money almost with 0% interest, and money is increasing in worth in Japan.

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