SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (21962)1/22/2005 9:13:11 AM
From: Tommaso  Read Replies (1) of 116555
 
You wrote to me as follows:

"I believe you need to study history,

The YEN went down and oil rose thru much of Japan's deflation

Mish"


+++++++++++++++++++++++++++++++++++++++++++++++++

Any time I make a statement like that, I provide links to support it.

The Yen did not go down. Maybe you were looking at a chart of the the value of the dollar in Yen instead of the Yen in dollars. The value of the Yen went way up during that period and stayed high, IN DOLLARS. The value of the Yen tripled between 1985 and 1995, and it then varied, as currencies do, but remained high.

fx.sauder.ubc.ca*&fd=1&fm=1&fy=1980&ld=31&lm=12&ly=2005&y=daily&q=volume&f=png&a=lin&m=0&x=

And in Pounds:

fx.sauder.ubc.ca*&fd=1&fm=1&fy=1980&ld=31&lm=12&ly=2005&y=daily&q=volume&f=png&a=lin&m=0&x=

and even in Swiss Francs:

fx.sauder.ubc.ca*&fd=1&fm=1&fy=1980&ld=31&lm=12&ly=2005&y=daily&q=volume&f=png&a=lin&m=0&x=

Oil prices did not rise in that period:

wtrg.com

No wonder you disagree with me and expect deflation. I can't help wondering if you have been reading charts upside-down.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext