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by crossroadsguy 848 days ago
Perils of dollar maintaining whatever value it wants to maintain by just whims and fancy and the rest of the world trying to wag their tails and trying to keep up, or not.
1 comments

Restaurant food is cheap in Japan because there are many high-quality restaurants. The competition drives the price down. Furthermore it may be in the best interest of Japan for their monetary policy to weaken the yen because it induces demand in tourism.
Tourism is a tiny part of Japan's economy.