Kishida Disaster: Yen Reaches 161 to the Dollar (Nikkei Boon to Poverty)
Kishida Disaster: Yen Reaches 161 to the Dollar (Nikkei Boon to Poverty)
Kanako Mita and Sawako Utsumi
Modern Tokyo Times
Prime Minister Fumio Kishida of Japan took office in early October 2021. At this time, the Yen was 110 to the Dollar. However, it is now a staggering 161 Yen to the Dollar.
His “do nothing approach” along with his empty “new capitalism” – while seeking to double military spending despite the horrendous debt mountain – says everything about his administration.
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