Couldn’t find the answer on google, so figured someone here would know. So US inflation is around 7.5%. Japan’s inflation was around .005% I think, but the dollar has gotten stronger against the Yen in that same time frame. What would cause this? Is inflation just relative to their own economy on a PPP type of way? Which would mean it’s demand driven since other economies, although are experiencing inflation, just don’t have the supply chain issues we have? Any thoughts or comments would be appreciated, thanks.
Leave a Reply