In some places you see inflation caused by devaluing currency as in buying anything from the US.
The thing with Japan is that the couple of decades before the GFC the rest of the world was for the most part financially ok.
But now it is not and the biggest Western countries are going full tilt in creating digital QE.
It remains to be seen how JPG will holdup with the rest of the world going into the same problem now.
JPY rising on a falling USD will hurt the Japanese exports.
More bad figures from China yesterday.
AUD rising on the falling USD.
POG rising for the same reason and because people don't trust the official information.
The US Fed will soon take the POG down again or it will expose the USD.
They will do this by the usual means of dumping paper on the COMEX via one of their allied banks.
Then if the FED is of a mind to smash the markets they may push the rates button.