I'm not sure I would call the yen weak vs. the dollar.
First, the yen and the dollar are freely floating in world markets. The market determines the value of a currency.
We have a huge trade deficit with Japan, which means the Japanese are selling / converting dollars into yen to bring the money back home.
We also have a huge budget deficit, and the Fed sells debt in the form of bonds, which the Japanese / Chinese and other governments in the world buy. The more debt we have to finance, the further it drives down the value of the dollar.
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Paul S.
2001 E430, Bourdeaux Red, Oyster interior.
79,200 miles.
1973 280SE 4.5, 170,000 miles. 568 Signal Red, Black MB Tex. "The Red Baron".
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