The recent depreciation of the yen has ignited a multifaceted discussion about its consequences and the evolving landscape of Japan’s economy. While this depreciation has certainly bolstered the export sector and improved corporate performance, it has also raised concerns about the impact on the average citizen’s purchasing power. Japan’s persistent structural trade deficits and its significant reliance on government spending have provided a safety net against fiscal collapse. However, this approach has come at the cost of eroding the credibility of its currency on the global stage. The currency markets bear the brunt of these adjustments, leading to the continuous depreciation of the yen. While this may benefit exporters and...