THE WORLD'S LARGEST FINANCIAL SECRET JUST ENDED
For 30+ years, Japan exported the cheapest money in human history. Near zero rates. Infinite liquidity. Trillions borrowed in yen, deployed into every asset class on Earth.
That era died this week.
(twitter.com)
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Iβm sorry if this isnβt really relevant to the post, but Iβm curious to see how this affects me as an American who wants to visit Japan in a few years. Iβve been trying to budget things out ahead of time and Iβm worried these rate increases will throw a wrench in the works.
I don't think it will affect it much. Just don't go during peak season like when kids are on breaks because the madness and crowds are too much, the airports are crazy (Haneda is a little more organized than Narita which is almost 2 hours away (depending on traffic) from Tokyo and the cab rate is costly), and if you're flying ANA/UNITED, just know that they always delay or cancel (I experienced it-nightmare) for some reason especially during Summer time.