Any Japanese friends here on #nostr willing to share insights on how rate hikes will affect you? #japan #grownostr #plebchain #bitcoin nostr:note1uhg7dt0wq7td3yyvyfnte7k9ppzrnxj50acax6qkq4p459j23eksh3qvy9
@Stakeoftheart?
Currently, the overall sentiment is that inflation is slowly rising. Unions have requested to get a pay hike, most of the big companies agreed, signaling that we might be entering a period of stagflation. Now, the BOJ can’t save the currency AND the bond market. The yen has crashed, but who knows what’s to come. There’s a great video by Prof St Onge about it on Utube.