c**********r
发帖数: 88 | 1 Don't quite understand it. Can somebody enlighten?
See if JPY depreciates 50%, so the Japanese GDP will shrink 50% in USD
nominations. That means Japan will be out of the "rich" class, their per
capita GDP will be even lower than Taiwan or South Korea?
Why does Japan want to do that? |
g*****0
发帖数: 2998 | 2 JPY was overvalued. now it is back to normal. |
c**********r
发帖数: 88 | 3 Is RMB over or under valued?
【在 g*****0 的大作中提到】
: JPY was overvalued. now it is back to normal.
|
p******e
发帖数: 17163 | 4 What matters is purchasing power adjusted GDP per capital. If depreciation
cause a bump up in GDP without causing a lot of inflation, then in
purchasing power term, the Japanese will be better off. And purchasing power
adjusted income is all that matters.
That said, all these are just in theory. Who knows what's gonna happen
to GDP and to inflation.
An I don't think the jpy can depreciate much further than current level,
at least not in the next couple yrs. in the very long run, who knows. |
g*****0
发帖数: 2998 | 5 undervalued. PPP GDP is bigger than nominal GDP in China's case
【在 c**********r 的大作中提到】
: Is RMB over or under valued?
|
c**********r
发帖数: 88 | 6 So if USD/RMB goes down to 1:3-4, China GDP will be the largest even if we
do nothing :) Good deal.
【在 g*****0 的大作中提到】
: undervalued. PPP GDP is bigger than nominal GDP in China's case
|
g*****0
发帖数: 2998 | 7 China's GDP is already the largest if measured by PPP.
China consumes more cars, more energy, more goods than USA. Why isn't it
bigger than US?
US GDP is inflated. To see a doctor costs more than 200 dollars. In china,
it costs 20 RMB. Same service.
【在 c**********r 的大作中提到】
: So if USD/RMB goes down to 1:3-4, China GDP will be the largest even if we
: do nothing :) Good deal.
|
c******n
发帖数: 911 | |
