Preamble:
Recently, the exchange rate of the yen against the US dollar has continued to fall, and the yen has continued to depreciate. This has led to a peculiar phenomenon you may never have imagined: the price of luxury goods and daily necessities is inverted. No, some netizens can't help but ridicule: "Is it okay for me to exchange Chinese cabbage for LV?" To be honest, if such a deal can be established, I would also like to try exchanging my old rice cooker for a Gucci handbag!
To put it simply, due to various economic factors, the yen has depreciated against other currencies, which has caused the price of imported goods in Japan to skyrocket, while exported goods have become cheaper internationally. Good news for foreign buyers – after all, who doesn't love discounted items?
But for consumers in Japan, it's not so rosy. Walking into the supermarket, the price of an ordinary bag of Chinese cabbage is several times more expensive than usual. Someone joked: the price of cabbage is more expensive than the LV bag. This situation, against the backdrop of the continued depreciation of the yen, may really not be a joke!
100 yuan for a cabbage is real
Perhaps, walking the streets of Tokyo, you will see people carrying luxury goods to the wet market, not the shopping mall. Or maybe someone is starting to think about whether they should consider their home essentials as an investment in the future – after all, who knows when Chinese cabbage might become the new hard currency?
This economic phenomenon has also sparked some humorous discussions. Netizens have said that if the Chinese cabbage can be changed to LV, they are willing to plant a whole vegetable garden. It seems that if this continues, we may see a whole new "agricultural revolution" where people no longer grow for food, but in exchange for more luxuries.
The depreciation of the yen may have brought about a series of economic and social problems, but it also provides a new perspective on how to observe and think about changes in the value of money and consumer behaviour in a light-hearted and humorous way. In this volatile economic environment, perhaps we can learn one thing: find joy in life, whether it's by growing Chinese cabbage, or enjoy the thrill of buying luxury goods.