*YEN* Shock

[Bigalow311]

damn, recently I've been talking trash regarding moving back to Japan. I suppose I'll have to live on base... (@_@)

[racer98]

Originally Posted by Bigalow311

damn, recently I've been talking trash regarding moving back to Japan. I suppose I'll have to live on base... (@_@)

Sure beats paying $$$$$$$$$, and its going to get worse.

[slider2828]

Originally Posted by racer98

just call around when you bargan hunt for changing currency some offer better, using plastic when traveling in japan call your bank up and haggel with them for a fixed rate while your there.

as for the hotel - stay at a royokan and look on HIS travel and Kyack travel as well for hotels


get your rail pass and get around




wow just about $1=75yen on that one.

Thanks for the information, but I go there a lot.... My girlfriend lives there actually so this is like the 6th time i've gone there in 2 years.... PITA I tell you... but yeah I asked her to check the banks there to see whats the exchange rate there.... XMas is a bitch there. My mom works for a hotel chain so I get ridiculous rates on hotels lol, but sometimes those business hotels, specific in Mid Hotel in Meguro is awesome!!!....

[racer98]

Originally Posted by slider2828

Thanks for the information

np.

I asked her to check the banks there to see whats the exchange rate there....

banks are al ripp off japan side. monthly service charges at Citibank or HSBC is like 2,000 yen per month.

[handinpants]

Originally Posted by motegineon

I get paid in yen and I'm loving it as I send money back to the US lol

haha sounds like the illegals who live in the states, they work here and send money back to their home country, smart i say, maybe they will start going to countries with a better ratio

[ranger240]

its only gonna get worse baby, inflationary monetary policy in da hauz

[slider2828]

Originally Posted by racer98

np.




banks are al ripp off japan side. monthly service charges at Citibank or HSBC is like 2,000 yen per month.

Where do you get your exchange? Usually I just do it at the airport....

[Bigalow311]

I'm getting scared to move back now... (@_@)

[racer98]

Originally Posted by ranger240

its only gonna get worse baby, inflationary monetary policy in da hauz

if higher fuel prices continue, more job losses, higher taxes as what people have imposed, and thus the lower intrest rates = your inflation comment.

once the fed raises rates then the Yen will drop/and slide back to the 90-100 range but for the 100+ yen area it will be a long haul, but untill that happens the yen will continue to get more expensive, and the Bank of japan will continue to do a Japanese import inspection process of - slow as molasses.

Originally Posted by slider2828

Where do you get your exchange? Usually I just do it at the airport....

various locations. thought you're very well versed as to where to allocate currency exchange spots in japan ?

Originally Posted by Bigalow311

I'm getting scared to move back now... (@_@)

No need to be just go for it just going to be a little more expensive.

[irritatedmax]

I talked to a lady at the local bank (here in Japan) a few days ago. She said the economists project the dollar to continue to slide into the 50yen range.

[Bigalow311]

i wonder how Korea is doing maybe I'll move over there instead...

Anyways, how the COLA taste in JP right now? I imagine that it would increase to compensate for the weak dollar.

[iStayBroke]

Originally Posted by irritatedmax

I talked to a lady at the local bank (here in Japan) a few days ago. She said the economists project the dollar to continue to slide into the 50yen range.

What.
The.
Fuck.

[fliprayzin240sx]

COLA for me is closer to $1k right now. It was roughly $400 when it was above 100y.

[Bigalow311]

Originally Posted by iStayBroke

What.
The.
Fuck.

Yeah fucking right. The dollar may be weak and become weaker but come on 50JPY?!

[irritatedmax]

You never know. I don't think she was "trying to impress me". We were having a fairly serious chat about it. Projections don't always become reality, but the take home message is that it is going to continue to drop.

[slider2828]

Originally Posted by racer98

if higher fuel prices continue, more job losses, higher taxes as what people have imposed, and thus the lower intrest rates = your inflation comment.

once the fed raises rates then the Yen will drop/and slide back to the 90-100 range but for the 100+ yen area it will be a long haul, but untill that happens the yen will continue to get more expensive, and the Bank of japan will continue to do a Japanese import inspection process of - slow as molasses.


various locations. thought you're very well versed as to where to allocate currency exchange spots in japan ?


No need to be just go for it just going to be a little more expensive.

Everytime I go, I just do it at the airport, cause I just don't wanna go anywhere else.... Else I just get money at the Citibank ATM... I know I am getting ripped off, I just don't hunt for currency there....


ANy help would be good there?

[racer98]

Originally Posted by SAKURA

good news, the rate shifted a little bit in our favor
bad news, only a little bit

Yah, I see the BOJ is playing miniature golf with preventing it from falling below 80yen. once that dam cracks and heads to 75 all bets are off and might see some reputable importers asides from the big 5 from japan but more along the lines of the smaller after market tuners might have to make some really rash decisions as to cease importing until the yen gets better.

[Toi]

On base rate up here is 79 to the dollar but its still crappy....Ahhh to have the old 130 to the greenback again!

[racer98]

Originally Posted by Toi

the old 130 to the greenback again!

..................

[motegineon]

Wow 50¥ to a dollar is insane. Yea I have a lot of friends who are either military or work on base and I hear from them how much they are losing. It is gettin pretty ridiculous. I feel bad for you guys and hope it never shoots that low :/

[racer98]

Originally Posted by SAKURA

it continues to rise... a little. i wouldnt be surprised if the current trend is a cocktease

Don't be its just a roose with the G20 kumbaya, china just seems to have a specific hunger for JPY any thing that is directly linked with the government of japan.


China thinks they are under the radar with this but, its like this

[racer98]

Originally Posted by motegineon

Wow 50¥ to a dollar is insane. Yea I have a lot of friends who are either military or work on base and I hear from them how much they are losing. It is gettin pretty ridiculous. I feel bad for you guys and hope it never shoots that low :/

Just dont be pitting ur self against anything financialy in japan right now, I know those who are stationed there are loosing 15-35% for anything this past 2 years and it sucks !

[racer98]

Originally Posted by SAKURA

this isnt completely related, but i thought i would let you guys know:

Japan Post Places Restrictions on Shipments to the United States | Japan Probe

I can see their rational thinking behind this, japan does have a problem of "illegal immigration" from people who are from Pakistan and Afghanistan, aka source of japans car theft problem's




Sakura ----- thanks man for this - just got the update on this ----------- if anyone is ordering from japan you're fuct !

[irritatedmax]

Thanks for the heads up, Sakura. That really fucks up my Christmas plans. WTF.

Military APO is still functioning as normal, correct?

[racer98]

just finished up my last bits of air mail tonight for orders and all I can say this really is sucking .

[nathanong87]

Originally Posted by E Double

Holy shit! So glad i left when i did. That shit is getting out of hand. When i first got there 6 years ago it was in the 120's. Crazy to see how much things change.

i too remember this probably 3 summers ago. i bought loads of bike parts and stuff for pretty "cheap".... much sadness

[7evil]

I will go on april for the 2° time, hope the yen go down soon...but i don't think so.

[racer98]

Originally Posted by 7evil

I will go on april for the 2° time, hope the yen go down soon...but i don't think so.

you should be the last person to complain being the Euro to Yen is about 1EUR too 114Yen.

[irritatedmax]

Paypal says "you can't send money from your Japanese bank account to a foreign account". With a Japanese Paypal account, you can only receive money. What the shit is that? Apparently, their is some Japanese law preventing them from allowing this.

Can you shed any light on this?

[racer98]

Originally Posted by irritatedmax

Can you shed any light on this?

Typical paypal bs.



I just looked into google checkout. do the same might be helpful.


(sakura)
thanks for the info on this still though the jumble of fees on the japan side of pp is