That Mr. Koichi Hamada should win the economics department of the Nobel Prize will be the common recognition of the highbrow all over the world ready.
The following is excerpting from p71 to p72.
The weak yen makes business conditions recover.
This thing is obvious if seeing the fluctuation of "the gross domestic product (GDP)" in Japan.
In former Japan, the statement "to mistake an exchange rate about making a consequence in the cause of the trade malfunction in Japan" was plausibly told.
However, it is clear that it was that the strong yen continued, and that the profit (GDP) of Japan decreased and that even the local economy declined.
It is figure 9 that shows the thing vividly.
It finds that the profit (name GDP) of Japan is decreasing, being clear as the strong yen develops (Because the exchange rate is a name value, GDP to compare, too, is catching name GDP).
Nevertheless, so far, strong yen was lionized with "it is a good thing because the imports become inexpensive" “it is that it should rejoice because it becomes easy to go to traveling abroad" "strong yen (the strong yen) is a national interest in Japan" and so on.
The one with the profit which is which was needed so for the strong yen is evident but the viewpoint, "anyhow when thinking of the influence of the whole Japanese economy?” sloughs fully.
* Shuddered for me since knowing the actual state of Asahi Shimbun. Weren't the mass medium and the strong yen disputant which is represented by Asahi Shimbun manipulated as the mind by the CIA in actually, e.g. Korea and so on? Only by their not noticing, because in the first place, that the intelligence agency seems noticed doesn't become a story. What is more, because it says that Asahi Shimbun placed the Japanese branch office of Dong-A Ilbo in the company, it is dumbfounded.
Since Abenomics actuates "Quantitative easing", even if it sees the exchange rate of Japan against the Wong, it is returning the considerable weak yen a figure.
As a result, the profit of the other side where the sales of the exportation manufacturing of Samsung and Hyundai in Korea and so on are decreasing, Toyota and Panasonic, the sharp in Japan and so on is increasing vividly.
For the company in Korea, it might be a regrettable story but in the first place, it is in Korea that it was managed a weak won (the strong yen) that was too far is was more of Korea.
Especially, extreme Wong poor policy is only corrected for the movement in now by the monetary policy in Japan.
Let's heal up in case of being a result of Japanese company profit's retrieving to the value of usual competition environment by the conversion into the weak yen.
