Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(The Mainichi (Japan))   National leader proposes corporations raise wages to fight deflation. CEOs laugh and light more cigars with ¥10000 notes   (mainichi.jp) divider line
    More: Obvious, Monetary policy, Economy of Japan, Collective bargaining, Macroeconomics, wage hikes, Japanese companies, annual labor-management negotiations, member companies  
•       •       •

407 clicks; posted to Business » on 23 Dec 2021 at 2:05 PM (22 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



7 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-12-23 2:16:52 PM  
Remember back when President Nixon asked businesses not to raise wages during inflation?
/Murica
 
2021-12-23 3:42:49 PM  
We are going to have deflation?
 
2021-12-23 3:51:34 PM  

AmbassadorBooze: We are going to have deflation?



nope

Crypto will grow even faster than it already has been growing.
 
2021-12-23 3:52:33 PM  

Northern: Remember back when President Nixon asked businesses not to raise wages during inflation?
/Murica



the only thing Tricky is raising now are Daisies.
 
2021-12-23 3:56:48 PM  
Fark user imageView Full Size
 
2021-12-23 6:55:28 PM  

ltdanman44: [Fark user image 480x360]


It's the only god left. All other gods have fallen before it
 
2021-12-24 6:43:00 AM  
Japanese companies sit on absolutely massive stacks of cash. Private citizens do as well. I saw an estimate a few years back that Japanese people hold roughly $12T in savings and Japanese corporations have about $7T in retained earnings. That's a massive deflationary force on top of all the others the BoJ has been fighting.
 
Displayed 7 of 7 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.