Japan Acts to Weaken Yen

Japan's economy is still in a bad situation since their recession last year. The Government is now attempting to weaken the Yen buy purchasing other currency, including the dollar, to protect their export-led economy. Buy purchasing other currency and selling their own the price of Yen will drop significantly. These type of situations occur from time to time, Japan did something similar in 2004. The only obstacle for Japan is the fact they need cooperation from other countries and because the recession has affected the world it may be hard to accomplish. I personally never this type of thing worked and was even possible, why doesn't our country do something similar to make the dollar bill worth something once again?

- Brad Beckwith

http://www.nytimes.com/2010/09/16/business/global/16yen.html?_r=1&ref=business