Friday, March 02, 2007

Poker Machine

Re:That poker machine has been out FOREVER(Score:2)
by mercedo (822671) * on 2007.03.02 2:06 (#18195738) (http://www.blogger.com/profile/11854854 Last Journal: 2007.03.02 1:03)
When I entered the university in 1983, the exchange rate of yen/dollar was $1 is equal to 250 yen, so when I said I intend to study abroad some people derisively pointing out saying simply I can't because I can't afford. But the rate abruptly started changing from 250 to 150 yen within one year from 1986 to 87. Needless to say it became much cheeper to stay in America than in Tokyo.
Japan's economic growth kept on from then on and when I started teaching in 1988, the exchange rate was around 130 yen. Japan's economy was called 'bubble' economy. It was much more inflated than the real economy. At that time I didn't feel I was spending too much money, the feeling I would have felt if it's now.
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