What is the impact of the weak yen on the world economy?

 

The depreciation of the yen in Japan is endless, and the momentum is over 135 yen.

For exporters such as automobiles, there is a possibility that foreign exchange gains will be generated and profits will increase significantly, but the prices of imported goods will rise steadily, which will have a great impact on consumers.

The impact of the weak yen is immeasurable, but it should be noted that soaring crude oil prices will convert prices to all consumer goods.

Unlike when the economy is booming and prices rise, if the economy is very bad and prices rise, consumption will become more sluggish and the economy will not turn.

Expectations that the corona will gradually converge and the economy will regain its vitality have become suspicious due to the depreciation of the yen.

In any case, I sincerely hope that the Ukrainian War will end sooner, many lives will be saved, and the world economy will be revived.