Tuesday, August 18, 2009

If Matt Dioguardi Thinks the Dollar Is Coming off Its High Any Time Soon…

Well, he better think again.

6 comments:

Matt Dioguardi (matt at anarchyjapan)) said...

I'm left speechless.

Jun Okumura said...

It also neatly explains the persistent weakness of the yen.

Joe said...

Give it some time, and then 1万円 bills will have methamphetamine on them. Then the yen'll be high.

Jun Okumura said...

Joe、I think you just earned yourself a 警視総監感謝状.

PaxAmericana said...

It has been a surprise why it has taken so long for those folks in the shadows and at places with three-letter acronyms to expand their market in Japan. They've got a great track record in the West. Maybe it's just one of those unfathomable cultural things.

Jun Okumura said...

PaxAmericana: Maybe. But perhaps cocaine just can’t compete against methamphetamines here. We are very distant from cocaine production and distribution centers, while our neighbors the North Koreans have kindly put the full force of their chemical industry behind their efforts to supply us with our drug of choice.