Why Japan’s Economy Is at a Tipping Point

In 2016, this Japanese company issued a public apology. For the first time in 25 years, they were hiking the price of a popular ice cream by 10 yen, or about $0.06%. And they were deeply sorry.Now, in any other country, this might have been an overreaction, but in Japan. Inflation is just completely alien as a concept. For three decades, the country saw stagnant or even decreasing prices, which is why a 10 yen price-hike for an ice cream was such a big deal.But a huge slide in the yen is helping change that ...