Japan has approximately the same local price level now that they had in the early 1990s. One USD also buys approximately the same number of Yen as it did in the early 1990s. But the USD had quite a lot inflation in the meantime.
Ie Japan has gotten a lot cheaper comparatively. It used to be a lot more expensive.
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How long back does your 'always' go?
Japan has approximately the same local price level now that they had in the early 1990s. One USD also buys approximately the same number of Yen as it did in the early 1990s. But the USD had quite a lot inflation in the meantime.
Ie Japan has gotten a lot cheaper comparatively. It used to be a lot more expensive.