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Sunday, December 19, 2021

Japan has Japanification effect in Economy - A mini comparative study of Japan and The US

 

Whether you're buying a ticket for the subway, Stopping by McDonald's for lunch or shopping for a computer, the prices of these things don't change much in Japan. but in the US, they're going up, and inflation hit a three-decade high in October 2021. Whereas in Japan, inflation is about zero,and has been that way for nearly 30 years.