The theory of accepting a strong yen is an argument below kindergarten-level economics.
For over thirty years, Japan’s media elites have preserved their own privilege while sacrificing the livelihoods of the remaining ninety-nine percent.

2016-04-07
What makes Asahi Shimbun and the so-called cultural figures who aligned with it truly malicious is that they continued to belittle and diminish Japan while living in a world where their high incomes and prestige were never at risk.
Even that prestige has now been proven to be little more than an illusion manufactured by Asahi Shimbun itself.
If one considers their below–kindergarten-level economic argument that tolerates yen appreciation, even an elementary school student can understand its absurdity.
When the yen appreciates, the competitiveness and profitability of Japan’s core industries decline, and corporate stock prices fall.
Management naturally suppresses wages and, in many cases, carries out layoffs.
Asahi Shimbun and the cultural figures aligned with it are not Japan’s finest representatives, yet they belong to an elite class guaranteed annual incomes exceeding ten million yen.
This group represents only one percent of the population.
The remaining ninety-nine percent spend their entire lives working for annual incomes of around five million yen.
It is this ninety-nine percent that bears the burden of wage suppression and unemployment.
From this alone, even an elementary school student can see how malicious these people truly were.
Their sustained effort to diminish Japan over more than thirty years produced today’s reality, where one in six children grows up in households earning less than 1.8 million yen per year.
It is no exaggeration to say that no group more childish and malicious exists anywhere in the world.