I have a solution to control inflation. we can create a new currency and then make the world used to it slowly and the inflation will be gone as there is no other currency to compare then it will be of equal value in every other country. Like if bread cost 1 dollar in us and 34 dollar in other country then by implementing the new currency we can make it 1 lamba(temporary new currency name for the sake of explanation) of bread in every country and every country can afford food and end the world hu ger
@@Darkskull2006 doesnât work. Not even in countries with same currencyâŠ. Go to your grocery store, how much is a bottle of water? Go to an amusement park like Disney, how much a bottle water there? Go to an airport, find out how much a bottle water is there⊠all same bottles all same companyâŠ..
This is happening all over the world. Our wages are staying the exact same while literally everything else is going up in prixe while corporations arw giving us less and less for our dollar. Now it's spreading.
To be fair itâs the governments fault, not necessarily the big âcorporationsâ. Governments keep throwing around money and printing more, and in the case of the US, our government keeps throwing billions to other countries yet does nothing about our southern border, homelessness, or HawaiiâŠ. So yea now weâre all going to pay for poor government spending
Exactly đŻ I'm not even surprised that this is happening in more countries, its just really unfortunate because most people are already struggling enough as it is.
In Australia where I live, we have one of the worst inflation rates in the world, to the point where normal salmon costs anout AUD $27, which is about USD $17.50. Another example is basic toothpaste, which costs about $15 now per tube, which is about USD $9-10
You definitely don't have one of the worst inflation rates in the world đ đ I'm from a country with much worse and I know countries with worse. đ đ đ
â@@kenjifox4264they kill eachother, I'm from the country that gets called Argentina's little brother, most of the citizens of Argentina are in the line of poverty, most of them don't work and get money from the government, who used to pay printing money making inflation worse, there is a new president it seems he's doing the right thing but I don't trust any politician. As Raiden said "typical politician, big balls, but no cum"
@@akrika7823deflation is when money now worths more than before because so many goods are produced and not much new money is printed. This eventually crashes the economy because money becomes worthless as thereâs less stuff to buy (ie no newly produced goods to balance the economy)
@@somerandomboibackup6086 Your explanation makes less sense than the other guy. Deflation is when the value of a currencie grows, it's the opposite of the Inflation.
Everywhere dawg. I live in a small as town, and our house is 30 minutes from the nearest store. And the price to just leave the house because gas prices are high is crazy. We donât leave at all unless itâs groceries or anything else important
This actually goes as well for overseas workers as since they're working in japan, earning and giving money to their families gets harder as the inflation rate rises
Lol... Japan is in trouble because of weakening yen? That's the most stupid thing I've heard on the internet today. Japanese government is actually happy that yen is weakening because it put strain on their import and increase their profit from exports. Not to mention the record breaking 3.1 millions tourist in March. The only problem is USA isn't going to be happy about weakening yen. There's been some Economist and politicians asking Japanese government to empower yen or else they'll consider imposing tariff on Japanese goods. Some biased news outlets would say Japan is in trouble because they're heavily reliant on imports, That's true to some extent but more than half of their imports is from South east asia, Korea, China, the middle east and India. Which also experienced weakening currency against USD. Only 10-12% of their import is from USA. Meanwhile... Japan is 19% of USA's import and if Yen keep weakening that number would keep going up. Why buy a chevy is you could buy a fully CBU Toyota for half the usual price?
For a country that prides themselves on a 50-60 hour work weeks thatâs pretty terrifying that they are experiencing that harsh of a decline on their currency.
Ain't this a global issue? Except some already being terrible at economy and some are familiar with multiplied exchange rate? Im sure if we get all the troubles in europe and establish another economic committee, we can live our lives again watching Jimmy kimmel clips
Salary is the same but prices going up? I think that's is every country the case these days. In germany prices are gone up faster since COVID and now the war.
SOFA moment. It's better for us because the bases are all in small cities, so we enjoy even lower prices than city residents. Some places right outside of the base hike prices a tad to take advantage but if you are willing to walk even a quarter mile youll get some good, cheap food.
It's worse in Nigeria, heck, at some point this year being 2024, a dollar was 1,800 naira. With average salary of $17 a month if we were to convert it.
The exchange rate depreciating isn't really a bad thing cause japan's exports are gonna increase so it should appreciate again but inflation with no increase in real wages is def a bad thin
I feel it. Iâm in the USA and inflation is so bad that at 30, I know no-one in my generation whole can afford a home let alone live alone. We all either live with family or went in on an apartment with multiple friends. Even then we still r scraping by because of the cost of necessityâs like groceries, feminine care products, electricity, water and gas bills. Itâs bad. Itâs really really bad.
Quantitative easing since the 1980's and near zero interest rates are two reasons but there are others are well. The chickens are coming home to roost.
Every country that is going through inflation rn is also blaming the foreigners for bringing the dollar or whatever currency they are bringing to exchange
Iran be like: "you are just a newborn compared to me" Edit: if you google search the answer is wrong that currency is not rial it is toman rial is exactly 10x toman
Every country is starting to have inflation so it isn't a surprise đ
starting to? this has been happening since 2020. something big is probably going to happen soon, js
Whatâs inflation
â@@catfartstinky2144 well..... watch out for some popular kid rizzing his way up to the UN. Or a frustrated artist.
â@@BeefZupremewell basically inflation is that the prices of things r getting higher but u r getting the same salary as before
@@aryan7039 wrong.
Its like every country is starting to experience rapid inflation
This is how the economy works
Inflation isnât new
I have a solution to control inflation. we can create a new currency and then make the world used to it slowly and the inflation will be gone as there is no other currency to compare then it will be of equal value in every other country. Like if bread cost 1 dollar in us and 34 dollar in other country then by implementing the new currency we can make it 1 lamba(temporary new currency name for the sake of explanation) of bread in every country and every country can afford food and end the world hu ger
@@Darkskull2006 doesnât work. Not even in countries with same currencyâŠ.
Go to your grocery store, how much is a bottle of water?
Go to an amusement park like Disney, how much a bottle water there?
Go to an airport, find out how much a bottle water is there⊠all same bottles all same companyâŠ..
More like greediness.
Inflation is like slipping on a banana peel in Mario kart
It kinda feels like a spiky blue shell nowadays lol
â@@christmasitto1884 Like getting hit by a blue shell while you're in first place and you end up in last place...
@@OfficialRealBibble
Yup, leaving us feeling cheated, broke, in a world of desperation and like nothing matters anymore lol
itâs like having a mushroom/super horn in first only to get it stolen by a boo last second when you were gonna use it on a blue shell
But wait a second isn't the conversion for JMD to dollars 150JMD per dollar so it's almost 1/1 đđđđđ
This is happening all over the world. Our wages are staying the exact same while literally everything else is going up in prixe while corporations arw giving us less and less for our dollar. Now it's spreading.
Japan is special, the inflation is so bad that their GDP lost hundred of billion within days.
To be fair itâs the governments fault, not necessarily the big âcorporationsâ. Governments keep throwing around money and printing more, and in the case of the US, our government keeps throwing billions to other countries yet does nothing about our southern border, homelessness, or HawaiiâŠ. So yea now weâre all going to pay for poor government spending
Exactly đŻ
I'm not even surprised that this is happening in more countries, its just really unfortunate because most people are already struggling enough as it is.
Everything increase while my wage stay same......can't afford a house or rent a house due to the rent prices increasing......welp this sucks.
At least grandma's safe.
Inflation
how does a country fall offđđ
*off not of
Kylie still has 700million$ đ
She was never a billionaire that was a lie
@@zukosvfxwhen you stop having children and close your borders to the world for immigration.
well business has been doing great from this actually
Japan currency has just experienced what happened when American traders opened of Japan to the outside world ended itâs isolation.
capitalism đŠ đŠ
Stroke
Hih
"Knock, knock, motherf*cker it's the United States Of America."
â@@pjplaysgaming367You should be given awards for that answer!
In Australia where I live, we have one of the worst inflation rates in the world, to the point where normal salmon costs anout AUD $27, which is about USD $17.50. Another example is basic toothpaste, which costs about $15 now per tube, which is about USD $9-10
Donât forget the sweet sweet cost of living and rental crisisâs we got going on toođ€
@@namjoonie936 yeah i talked about the cost of living, and for the housing and rental crises, you might as well just escape the world
You definitely don't have one of the worst inflation rates in the world đ đ
I'm from a country with much worse and I know countries with worse. đ đ đ
The normal price but the toothpaste we have $15 for a special type a bad brand is like $5
@@epic7224 our inflation is still one of the worst in the world, but our housing prices are globally known for how bad they are
Mofo thinks Japan is the only one experiencing inflation đ Hell my country's currency hits its lowest value in history just a couple days ago.
ikr
2011:
1 Euro = 1.88 turkish Lira đđđ
2024:
1 Euro = 34.85 turkish Lira đđđ
meanwhile fucking Argentina: â ïž
Zimbabwe: Bruh thatâs rookie numbersđđđ
Meanwhile 3rd world countries: đïžđđïž
Me, an argentinian, watching every single country have inflation go crazy: *war_flashbacks.mp3*
Man Argentina had it ROUGH. How did you guys survive?
â@@kenjifox4264they kill eachother, I'm from the country that gets called Argentina's little brother, most of the citizens of Argentina are in the line of poverty, most of them don't work and get money from the government, who used to pay printing money making inflation worse, there is a new president it seems he's doing the right thing but I don't trust any politician. As Raiden said "typical politician, big balls, but no cum"
â@@kenjifox4264 willpower and luck mostly lmao
@@lusechi6999 I love Mafalda
I still don't understand this. People run the earth. People control money. I understand algorithms, but this has always confused me.
reason: some people control more money than others
It's all made up
Yeah money and value crap like this just confuses me
Money doesn't grow from the tree...if someone gets richer...others get poorer. Just like food...I'm able to eat chicken because someone else can't....
It resembles the ideal of 'incentives'; equating one towards the other, in value. Quite meticulous.
BOJ intervened at 160 yen/usd sending it back to 156
"inflation will begin to affect their basic necessities"
Sounds familiar đ€
Talk about Nigeria's inflation next đ
Dude...đ It's terrible.
Ironically, this is being caused by massive deflation, not inflation, itâs funny af
Wait what do you mean?
its quite hard to understand what u meant exactly, it would be nice if u could explain/add more context, pls.
@@akrika7823deflation is when money now worths more than before because so many goods are produced and not much new money is printed. This eventually crashes the economy because money becomes worthless as thereâs less stuff to buy (ie no newly produced goods to balance the economy)
@@somerandomboibackup6086 Your explanation makes less sense than the other guy.
Deflation is when the value of a currencie grows, it's the opposite of the Inflation.
That just doesn't make sense, man. The guy just said that you can get more yens with one dolar, that's called inflation in my neighborhood.
Hapenning in my country too.Inflation is crazy
Inflation plusss the moneys getting more worthless, that kinda sucks
They are also so racist they donât realize their racist
âI got to Japanâ
Meanwhile the Turkish Lira: đ
Ppl only talk about lira while ignoring venezuela and argentina pesos
â@@Engifarting456Cause no one talks about lira in the first place
Every country is experiencing inflation because of corporate price gouging.
We take down the corporations, we get better inflation rates.
Bro haven't heard of the Nigerian Naira âŠđđđđ
When people outside your country just buy a lot of stuff with more valueble currancy thats what happens
Rare footage of humans discovering inflation
Russia: Dah, I've seen this one before comrade, its a classic!
Same as the US - guess we are all going through it
Eastern Europe: First time?
In Mexico it's the opposite right now
Used to be 20 now it's 16.50 per 1 dollar
It is the same problem we have here in the Philippines too. Sheesh, what is the government doing nowadays
Ignorant
When he said âJapan is in big troubleâ first thing that came to mind was a kaiju attack. đ
âIf the value keeps going down, it will eventually become worthless.â
Hmm yes, the floor is made of floor
đđ
Happening to Canada right now and for the last 5+ years but no one talks about it still đ€·
Everywhere dawg. I live in a small as town, and our house is 30 minutes from the nearest store. And the price to just leave the house because gas prices are high is crazy. We donât leave at all unless itâs groceries or anything else important
So basically exchange rate is the reason why inflation is such a problem
We are making it to Zimbabwe with this one.đđđ
Itâs the same thing for Italy,itâs been going on for years.The government raises the prices up but salaries are the same.
My cuz told me Japan is cheaper than US now!
It always has beenđ«
(Except maybe the 80s or 90s)
It is only a benefit if you are paid in the USD... most foreign nationals are paid in the yen and we are hurting.
This is compounded by the fact that The Dollar's value has also been dropping.
This actually goes as well for overseas workers as since they're working in japan, earning and giving money to their families gets harder as the inflation rate rises
Lol... Japan is in trouble because of weakening yen?
That's the most stupid thing I've heard on the internet today.
Japanese government is actually happy that yen is weakening because it put strain on their import and increase their profit from exports.
Not to mention the record breaking 3.1 millions tourist in March.
The only problem is USA isn't going to be happy about weakening yen. There's been some Economist and politicians asking Japanese government to empower yen or else they'll consider imposing tariff on Japanese goods.
Some biased news outlets would say Japan is in trouble because they're heavily reliant on imports, That's true to some extent but more than half of their imports is from South east asia, Korea, China, the middle east and India. Which also experienced weakening currency against USD.
Only 10-12% of their import is from USA. Meanwhile... Japan is 19% of USA's import and if Yen keep weakening that number would keep going up.
Why buy a chevy is you could buy a fully CBU Toyota for half the usual price?
This isn't about the government, this is about the citizens, they're in a bigger struggle then ever before
Plaza accord
Most of the Toyotas sold in the US are made in the US, so their price won't be affected.
For a country that prides themselves on a 50-60 hour work weeks thatâs pretty terrifying that they are experiencing that harsh of a decline on their currency.
Correct, the government is happy
But the people...
Yeah this is happening worldwide. My country lost ~87% of its currency's value (last I checked)
đ§
Ain't this a global issue? Except some already being terrible at economy and some are familiar with multiplied exchange rate? Im sure if we get all the troubles in europe and establish another economic committee, we can live our lives again watching Jimmy kimmel clips
soo your saying if I go to Tokyo Iâm rich???
Yes it's just people don't share it đ cause gatekeeping
Go to Zimbabwe you could be a quadrillionare
No, market prices tend to follow inflation. So yes you will have a lot of yen, but goods will cost a lot of yen.
@@mitsuri3096 nobody is gatekeeping anything lmaoo
â@@mitsuri3096What's being gatekept here?
Same thing in America dude everything is getting more expensive and pay isnât going up federal minimum wage has been 7.25 for a long time
why'd you put a discord notif sound in there mannn, i was so confused
Yup good thing I left before the taxes killed me
Japan or the US?
@@mimah1015 Japan
@@mimah1015Japan tax rate is almost half of your money đ€Ł
@@U-qho Huh?
Running deficits and high debts for decades tend to do that
Salary is the same but prices going up? I think that's is every country the case these days. In germany prices are gone up faster since COVID and now the war.
The yen falled harder than and atomic bomb
As an half Japanese that goes to Japan every summer to go see family, this is great for me, because i live in the u.s
As a half Japanese who is going back to Japan for university, this is also good for me because my parents will partially cover my expenses
SOFA moment. It's better for us because the bases are all in small cities, so we enjoy even lower prices than city residents. Some places right outside of the base hike prices a tad to take advantage but if you are willing to walk even a quarter mile youll get some good, cheap food.
It's worse in Nigeria, heck, at some point this year being 2024, a dollar was 1,800 naira. With average salary of $17 a month if we were to convert it.
It really is. It dropped down to a dollar being just 1,000 naira last month. But now, it's gone up again. And rising fast.đ
The exchange rate depreciating isn't really a bad thing cause japan's exports are gonna increase so it should appreciate again but inflation with no increase in real wages is def a bad thin
Wow itâs crazy that every country around the world has an inflation problem! How do we fix it ?
Nintendo bout to launch the Switch 2 in 3 months because of this.
Time to move to Japan đ
I feel it. Iâm in the USA and inflation is so bad that at 30, I know no-one in my generation whole can afford a home let alone live alone. We all either live with family or went in on an apartment with multiple friends. Even then we still r scraping by because of the cost of necessityâs like groceries, feminine care products, electricity, water and gas bills. Itâs bad. Itâs really really bad.
Not like this has been happening here in Lebanon for two years
damn who would've thought inflation being bad thats crazy
"Welcome to the club, buddy" - Russia
Quantitative easing since the 1980's and near zero interest rates are two reasons but there are others are well. The chickens are coming home to roost.
Every time every single damn time heâs music sounded like weâre in apocalypse
It's not inflation most of japan's debt is internal debt and nit a burden on the country
No one talking about that discord notification sound?
I live in Japan and the dollar is 50% more powerful than yen so right now everything is practically half off
1 dolar being 160 yen being "worthless" meanwhile my country's currency being 1000 pesos for a dolarđ
Time to go to Japan
This would also mean that tourism is probably going to be their main source of income as such as how to adapt to it
I priced out Tokyo Disneyland and it's cheaper for 2 weeks than 4days at Disney world here in Orlando
đ the use is ending and you want to talk about the yen đ
Bro pulled a Uno Reverse card đ
Always pray po keep safeâ€
Hyperinflation 2.0đđđđ
"Cut in half"
My guy then it would be 200 yen.
Laughs in Nigerian Naira đ
Every country that is going through inflation rn is also blaming the foreigners for bringing the dollar or whatever currency they are bringing to exchange
Our currncy went from 6 of them ewualing to a dollar to ~35 of them equaling a dollar in about a year :,3
As an American, this inflation thing sounds familiar
Finally i can buy RG Evangelion model kits for low prices, time to complete the collection!
people when every country is experiencing inflation: :/
people when japan is experiencing inflation: :O
My country's used to worth around 1200 per dollar, now it's well over 3000. Japan will be okay don't worry about it
So they are having the same problem we are here in the US. Inflation and stagnant wages.
Brothers is been at 150 yen for a whileđđđ
Thatâs what America is doing
lol me a Nigerian laughing at this đ
Wait till bro sees third world countries
Getting that post ww1 Germany treatment
Meanwhile inflation in Turkey đ
Iâm going there this summerđ
What is it with the majority of countries where the cost goes up but the paycheck stays about the same?
ikr bud thats really sad tought japan was the role model
I remember the 360 yen to the dollar days ! I am a dinosaur !
Bro 1 USD=357forint(Ft)đđđ
You look on a short scale like one month. If you look at the complete history of the yen thatâs a pretty normal drop for the yen
Zimbabwe: first time?
Iran be like: "you are just a newborn compared to me"
Edit: if you google search the answer is wrong that currency is not rial it is toman rial is exactly 10x toman
That means we can buy more perfect grade gundams for cheap master grades and all kinds of model kits!
Meanwhile in Mexico the actual dollar is droping to 16 pesos today đđ