Comments by "" (@TheDavidlloydjones) on "The 20 Year Fall of Japan's Sharp Corporation" video.
-
Mention of Hayakawa's three-and-a-half yen radio reminds me of a landlady I had in Japan. She had a large rock, about the size of a Vokswagen minibus, in her garden, and she had recently, in 1975, had it moved from one side of her front door to the other. For this she had had to pay a labour gang ten thousand yen which you can think of as a C-note of a good dinner for four. OK, I checked: 2,307.27 New Taiwanese Yuan to you, Jon.)
"Ten thousand yen!" she would cry at me, "Ichi-man yen...!
So piteous: Before World War Two she had bought the rock in the mountains of the north and had it shipped down to Tokyo and brought out to our suburb. All for five yen!
A two-thousand-fold change in prices -- (and though she didn't include the calculation, probably a 200,000-fold change in the distance.)
4