The Yen’s 25 Years of Wide Fluctuations: Western Capital’s Hidden Hand
For 25 years the yen fluctuated widely, shaped by Western capital treating Japan as a safe “money tree” for returns.
From the perspective of August 22, 2010, the author presents a theory that the significant volatility of the yen over the past 25 years is rooted in the structure of Western capital using Japan as a “money tree.” The piece speculates that this volatility was intentionally created to make the market too risky for Asian investors, allowing Western capital to monopolize Japan. Citing a British analyst who objectively points out Japan’s predicament, the author strongly urges the Japanese elite to confront this truth.
The Yen’s Wide Fluctuations Over the Past 25 Years
August 22, 2010
If we consider that over the past 25 years the yen has constantly fluctuated because Japan was treated as a “money tree” by Western capital—the main executor of twentieth-century capitalism—it all begins to make sense.
Southeast Asian nations, companies, and wealthy Chinese merchants have been too wary of currency risks to invest in Japan. All of them are fully devoted to their core businesses, so it is impossible for them to invest in a currency with such wide fluctuations while hedging against exchange risks.
In other words, the appreciation of the yen, and its wide swings, were created by Western capital in order to secure Japan as a safe and reliable market for returns, one they needed to hold firmly in their hands.
For the past twenty years there has been a British analyst who has offered perspectives very similar to mine. About two decades ago, he was considered Japan’s number-one analyst for three consecutive years.
During this period, he wrote that the West had been living affluently on Japan’s money, while Japan endured poverty and suffering for twenty years. He argued it was time for Japan to reflect seriously on this reality.
It was precisely because he possessed a purer affection for Japan than today’s so-called elites that he could state such truths—truths that are normally left unspoken—about markets being manipulated by design.