Yen

Same crap the US is trying to do with China. Devalue and debase the currency is like lowering the value of your wages.

Say a barrel of oil costs $80 like earlier this week. If I can devalue the currency in 1/2, then you need twice the currency to buy the next barrel, $160. Oil didn't go up, the value of the currency went down. Hard cocept I know, but media polishes the governments turds on this. Sounds better to say oil went up, a politicial no no to say government screwed up currency and you need more of it to buy the same stuff.

Inflation is about currency devaluation. Trouble is, while it may make your domestic products cheaper for other countries to import, it has the nasty effect of inflation without wage increases for the people. Lower standard of living results.

In the end, it does not work as union strife, more people become working poor, buy less and as a result pricing pressures drive prices down.

Part of the real problem is government/banks interest policy. If people get zero interest for money savings, then the money gets horded in non-investment situations. Thus the economy stalls.

If you ask me, government is deliberately causing this depression. Low interest rates and massive debt/inflationary currency creating is creating a huge bubble that will burst.

My guess is beginning 2011, I expect 15 to 30% inflation every year. And will continue until the monitary system collapses or government wakes up from its massive debt denial ponzi and corruption schemes. Might even be civil revolts.