alt Hacker NewsComparing prices between Japan and Europe or US is strongly skewed by the weak yen.
The fact that the JPY has lost a lot of value compared to the US dollar has nothing to do with how prices or salaries in Japan evolve.
Comparing prices between Japan and Europe or US is strongly skewed by the weak yen.
The fact that the JPY has lost a lot of value compared to the US dollar has nothing to do with how prices or salaries in Japan evolve.
Wouldn't that be covered by using PPP comparisons rather than just market currency conversion rates?