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Bonobo

(29,257 posts)

6. Yup, if wages don't rise, this whole idea is fucked.

Reply to Art_from_Ark (Reply #5)

Fri Apr 5, 2013, 01:49 AM

Apr 2013

But I think something had to be tried.

The cost of lunch here is the same today as it was when I first came to Japan over 25 years ago.

IMO, wages will rise as the labor force continues to shrink. We will see.

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Highlight:

Japan Initiates Bold Bid to End Years of Tumbling Prices [View all] ErikJ Apr 2013 OP

In the U.S., we've had a lot of wage deflation since the 1980s Trillo Apr 2013 #1

Falling prices dipsydoodle Apr 2013 #2

But, I thought falling prices for the cost to consumers was a good thing? cstanleytech Apr 2013 #3

There are numerous issues dipsydoodle Apr 2013 #4

As someone who is living in Japan, Art_from_Ark Apr 2013 #5

Yup, if wages don't rise, this whole idea is fucked. Bonobo Apr 2013 #6

It's one thing to try to stimulate the economy with extra spending Art_from_Ark Apr 2013 #7

The third arrow and labor force reduction. Bonobo Apr 2013 #8

The decrease in the yen's value vs. the dollar is helping things Art_from_Ark Apr 2013 #9

Off topic but how do you guys ( you and Art) find living in Japan? Locut0s Apr 2013 #10

I love it. Bonobo Apr 2013 #11

Sorry for the late reply Art_from_Ark Apr 2013 #12