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"Tax increase" called cost-push inflation

 According to the principle of GDP three-sided equivalence (production = expenditure = income), when the production (* value-added production) price rises, the income also increases.   The problem is that if the goods and services we spend are imported from abroad, the "domestic income" will not increase. In fact, imports are a deduction for GDP (Gross Domestic Product). Imports increase the income of foreign producers. This means that even if the domestic inflation rate rises due to the influence of import prices, the "income of domestic producers" will not be affected. Of course, in ordinary countries, the income of domestic producers is also rising, so there is no problem even if import prices rise a little.   On the other hand, in Japan, instead of increasing income, it is "decreasing", and cost-push inflation, in which only "income of foreign producers" rises, has begun. According to the principle of GDP three-sided equivalence (production =

What will cost-push inflation bring to Japan?

 Once again, the principle of GDP three-sided equivalence is "production = expenditure (demand) = income". No one can deny this principle. In other words, if the price goes up due to demand pull, the income will definitely go up. And deflation is a situation where aggregate demand is insufficient for supply capacity. If supply capacity> aggregate demand continues, prices will fall. Furthermore, the sales (production) quantity will decrease during the deflationary period. as a result, "Prices go down, but income goes down even more." As a result, real wages will fall. And, as the poverty of the people continued, cost-push inflation started due to the shortage of supply capacity of foreign goods and services and the war between Russia and Ukraine triggered by the corona disaster.   Unlike demand-pull inflation, cost-push inflation does not increase national income. Or on the contrary, reduce it. Income increase due to "increased payments" in cost-push inf

The wall is about 125 yen "Kuroda Line"

 The depreciation of the yen against the dollar does not stop. In the New York market on the 23rd and the Tokyo market in the early morning of the 24th, the dollar was in the 121 yen range, the lowest price in 6 years. The yen's depreciation trend, which has continued almost consistently since the end of 2020 at 102 yen, is unlikely to change, especially since the US interest rate hike last week. Of course, Russia's invasion of Ukraine from a month ago has invited "emergency dollar buying", and other currencies such as the euro have also fallen, so it cannot be said that the yen is depreciating. However, the Bank of Japan has shown no sign of monetary policy changes as the US is expected to raise interest rates continuously. The interest rate differential between Japan and the United States is expected to widen unilaterally, making the yen a particularly easy-to-sell currency. The number of yen sellers is increasing. Not only so-called speculative sources, but also ma

Yen depreciation temporarily dropped to the 123 yen level for the first time in 6 years and 3 months at the BOJ's limit operation

 In the foreign exchange market on the 28th, the yen depreciated against the dollar, and at one point, it hit the 123 yen level for the first time in 6 years and 3 months since December 2015. In the morning of this day, the Bank of Japan held a "limit price operation" to buy unlimited government bonds by designating a specific yield in order to curb the rise in long-term interest rates. It seems that the movement to sell yen and buy dollars has spread. The limit price operation has been held for the first time in about a month and a half since February 14. The yield on Japanese 10-year government bonds also rose to 0.24% in response to the rise in long-term interest rates in the United States, which was triggered by a rate hike on the 16th. As the BOJ approached the upper limit of about 0.25%, the BOJ set the yield on 10-year government bonds at 0.25% and notified the market that it would buy unlimitedly. Government bonds are in a relationship where the price goes down as the

To have the strongest head and eyes that will not be overwhelmed by difficult problems

 The Treasury's tight budget has led to continued deflation in Japan and disrupted the military balance in East Asia on the other side of China's growing GDP and military spending. At the same time, by "stucking" spending in Japan, the fields of education and science and technology will continue to decline. The treasury bureaucrats are ridiculously sinful people. "Crushing elementary schools because we don't have the financial resources ... The unknown reality of" school consolidation "progressing in rural areas" A strange situation "is happening. (Omitted) The logic of "cost" brought to the educational field The author takes up the following two points as what Mr. Edahiro did in the field of local education administration, especially in the consolidation of schools. First, the logic of finance and cost was brought head-on to the field of educational administration. Second, the logic of "community and school are different&qu

problems

 The author says that if you read a book, you can become a google map yourself. We will publish "Introduction" of "Reading Techniques that Change You in the Future" that introduces the meaning and how to read books for that purpose. "Reading makes us a Google map" At university, I often talk about such things to students. Especially when you are young, you don't really know who you are, who you can be, or how you want to live. So to speak, it's like getting lost in a group of skyscrapers and going over and over again. Of course, traveling without a map is fun and even a privilege when you were young. However, if that continues for a long time, we will be short of breath someday. At that time, I think I was fooled, and I want you to gain a lot of reading experience anyway. Yes, I'm telling college students. Then, at one point, I suddenly became a Google map, looking down at the skyscrapers from directly above, and seeing the whole picture of the

Our freedom

 If I notice it, I will take the opposite position to the other party. It's not a clear conflict, but a question about the other person's story. Even if you stand in a position that you would never normally take, you would argue in a straightforward manner. Is this because I don't understand myself, or do I just want to argue? @Reunion A philosopher named Hegel in 19th century Germany says this in a book called "The Phenomenology of Spirit". Everyone wants to be a "valued existence". But it's not that easy. That's why we struggle in various ways to become "valued beings." There are many patterns in the "how to get up", one of which is "always criticize people". In short, by always criticizing people, we try to show both people and ourselves that we have an advantage. I don't know if Reunion has that kind of desire, but if so, Hegel says this is a bit of a painful way of life. People who always criticize people ar