Nah, that’s what the Yankoids what you to think because nobody could possibly beat America unless they were cheating. The Americans have been accusing China of the same thing as well.
In reality, nobody is going to buy a Japanese product if its not a good product. Japan had a strong centralized industrial policy where the state directed and financed the creation of key industrial sectors like automobiles and electronics. This goes against American free market ideology, which is why America is so committed to the myth of Japanese currency manipulation.
Well that, and a big does of “those yellows can only be beating us if they’re cheating” racism.
No as i understand it the setting of the yen at a favorable interest rate was part of the process if recapitalizing the Japanese economy after the war. It was a deliberate move to undercut the Japanese communist party.
Nah, that’s what the Yankoids what you to think because nobody could possibly beat America unless they were cheating. The Americans have been accusing China of the same thing as well.
In reality, nobody is going to buy a Japanese product if its not a good product. Japan had a strong centralized industrial policy where the state directed and financed the creation of key industrial sectors like automobiles and electronics. This goes against American free market ideology, which is why America is so committed to the myth of Japanese currency manipulation.
Well that, and a big does of “those yellows can only be beating us if they’re cheating” racism.
No as i understand it the setting of the yen at a favorable interest rate was part of the process if recapitalizing the Japanese economy after the war. It was a deliberate move to undercut the Japanese communist party.