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  • jeyebolt2003 jeyebolt2003 Jan 2, 2013 10:56 AM Flag

    Currency Manipulation

    At its best in Japan stealing jobs from Americans and the Sheep don't know the difference.
    1/2/2013: BLOOM - U.S. Cable BLOOM
    InsideTrack With Erik Schatzker News
    7:02:42 AM:... dollar-yen and euro-yen and, you can look at either. a long way away it from the gloomy $78. a weaker yen. honda and Toyota desperately need a weaker yen to compete against the rest of asia and the united states. it is certain the deficit will increase. let's listen to president obama..."

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    • It looks like Japan’s newly-elected Prime Minister, Shinzo Abe, will benefit export dependent auto companies such as Toyota Motors (NYSE:TM) and Honda Motors (NYSE:HMC). Under Mr. Abe, the government has raised its inflation target to 2% from 1% earlier and therefore the government plans to devalue Yen by printing ‘unlimited yen’. [1]

      Already we see the effects of devaluation taking place with one US Dollar yielding 87 yen compared to 81 yen in the previous month. This will have particularly have a favorable impact on the Japanese autos such as Toyota and Honda since their products will be more affordable to the foreign customers. Moreover, the same amount of Dollars (and other foreign currency

      But the Sheep in American will never know how they have been cheated

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