Unfortunately, the man’s happiness was short-lived.
He recently revealed that his savings had significantly diminished due to the yen’s depreciation since the start of the year.
The man also expressed concern that if the yen continued to weaken, achieving financial freedom might remain out of reach, rendering his 21 years of hard work seemingly pointless and tragic.
Its only a decline in Dollar terms, not purchasing power tbf.
if he were in Pakistan or some global South country, a 40% depreciation would (likely) mean a 40% reduction (maybe more) in purchasing power but its not 1:1 with Japan (and China, Russia, most Western countries).
Oof. He got pranked.
Its only a decline in Dollar terms, not purchasing power tbf.
if he were in Pakistan or some global South country, a 40% depreciation would (likely) mean a 40% reduction (maybe more) in purchasing power but its not 1:1 with Japan (and China, Russia, most Western countries).
spoiler
What is CPI?
Edit: Consumer Price Index
Maybe he had investments that were affected by it.
I’d burn down the Japanese stock exchange at that point.
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