How has the government been intentionally weakening the yen? Zero interest rates? Was the US doing zero interest rates a ploy to weaken the dollar?
Have they specifically said they're trying to weaken then yen?
This really sounds like it's ascribing too much control and intention to the japanese government to me, when in reality hanlon's razor seems like it might apply to me
Personally, I didn't say the government is "intentionally" weakening the yen, but when the yen is weak, the people who "matter", don't complain or try improve the situation because it's good for exports. If the biggest companies in Japan are happy, I'm sure those who keep them happy are well looked after too.
If you care about a poor old lady in her house, you wouldn't want to see the price of everything go up.
Can you say more words about this?
I've googled, and it looks like the Corporate Tax Rate for Japan (30%) is higher than the US (21%), and basically all the other developed countries (mostly around 25%), so from that it seems like it's prioritizing corporate profit less than other countries.
My image of Japan is that it has well-functioning social services (healthcare and pension which are working, despite a largely aging population), that it has generally high standard of living and invests in infrastructure, and that corporate profits are quite low compared to other highly developed countries.
It's also "common knowledge" (thought possibly wrong) that Japan's CEOs are paid less than those of, say, the US.
In what way does the government prioritize corporate profits more than other governments?