You are viewing a single comment's thread from:

RE: Dollar vs. Yen - Why the Yen is Crashing

in LeoFinance2 days ago

I think I would be so confused if I lived in a country where I had to compare my local currency to something else that was the standard. I'd probably be one of those people who just live in denial, kind of like I do now living in the US... :P

Sort:  

It's really not that bad. Most normal folks don't really think about the US dollar that much. The only people who compare are people in the stock or crypto market or in industry — more or less the same people who in the US also compare against multiple currencies.

Ah okay, I don't feel so bad then. I guess I am just a casual investor! :)

Honestly, most Japanese still aren't really that aware of it. On one hand, they know from the news that the yen is falling. On the other hand, when making rough conversions against the dollar, almost everyone still just adds or subtracts two zeros (for example, ¥100 to $1; $100 to ¥10000 yen, etc).

Gotta love some easy base 10 math!

When reality comes up against easy math, we know which one wins!