Abstract

The Japanese economy has fallen into a vicious cycle. How do you protect your assets in a country where the value of the currency is falling?

How should you protect your assets as the value of the yen continues to erode? The rule of thumb from the past that "the yen will eventually return to a strong value" is no longer valid.

In this book, a leading expert on foreign exchange unravels the root causes of the yen's depreciation and presents possible future scenarios and defensive measures. This book will help you understand the true nature of the quietly progressing crisis and survive in times of inflation.

▼Main topics:
- Inflation also boosts stock prices. Why a Nikkei average of 150,000 yen is not a surprising prediction?
- Turkish stocks have risen the most in the last five years. The possibility that Japanese stocks will follow suit.
- What is an "inflation tax"? Why the government wants inflation and a weak yen to continue.
- Interest rates are difficult to raise due to interest payments on government debt. As a result, the yen continues to weaken.

Author’s Information

Chief Strategist at Fukuoka Financial Group. Joined the Bank of Japan in 1992. After working on foreign exchange market intervention, he was also stationed at the New York office, where he analyzed American financial markets. In April 2003, he joined JPMorgan Chase Bank, where he served as head of the foreign exchange research department and head of the market research division. He has held his current position since December 2011. His books include "Weak Japan, Strong Yen" and others.