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.
Thank you.
Are more people turning to Bitcoin as a result?
Unfortunately, I don’t see a massive wave of adoption here in Japan.
As far as I’ve seen, people are heavily invested in “web3”, stocks, RE.
There are Bitcoin owners but they usually like diversification.
There are a lot of “web3” projects being pushed here also.
I think “investors” are persuaded they’ll hit the jackpot with the next FAANG. Pity.
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