Japan’s 1.3% Inflation is a MASSIVE Lie #money #investing #japaneconomy #inflation
In 2016, a Japanese ice cream company aired a national television apology just for raising the price of an ice lolly by ten yen. For nearly three decades, Japan’s inflation rate was effectively zero, and sometimes even negative.
Fast forward to today: the Yen has lost a third of its value and global supply chains are under pressure, yet Japan’s official inflation is reportedly sitting at a cool 1.3%. On paper, it looks like Japan has somehow beaten global inflation, but it is actually one of the largest financial gaslighting campaigns in modern economic history.
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#japaneconomy #inflation #financeshorts #economics #bankofjapan #investing