・There are 3 advantages of investing in US stocks compared to investing in Japanese stocks: 1) Japan is now entering an era of super depreciation on a 50-year scale; 2) we who live in Japan can receive more benefits than Americans living in America; America has a higher inflation rate than Japan, so we who live in Japan have greater real value; 3) the US stock market is about to enter a golden age for the next 10 years (p3)
・Japan must normalize interest rates in the future; the average inflation rate in 2023 is 3.21%, and 2024 is also above 2%. Nevertheless, zero interest rates are clearly strange (p26) Now that the inflation rate is 3% or more, it is natural for interest rates of about 3% to be attached. Interest rates fall in America and interest rates rise in Japan, then the dollar will strengthen and yen will become cheaper due to the dynamics of the reconstruction market, and in some cases 1 dollar = 180 yen (p29)
・When the yen depreciates, imported products become expensive, and the competitiveness of domestic products comes out, which is good for Japanese farmers and livestock farmers. If money circulates domestically, the Japanese economy will improve (p42)
・The fact that Japan has the highest foreign assets in the world seems like a good case is actually bad; they work hard, don't eat anything tasty, and are poor, and invest in rich countries. It's like lending money to rich people even though it's a poor house. If such money is properly invested in Japan, Japanese people can become rich (p51)
・The European economy is extremely sluggish, and the major reason is that the slump in the German economy, which has led Europe until now, is severe (p83)
・There is no scenario where the BRICS common currency comes out and it changes to the dollar; there is no doubt that China and Russia are anti-American, but the situation in other countries is different. India is pro-American (p87) There is a possibility that a limited international currency that is used only when trading between BRICS countries will be issued rather than a common currency, and the idea of eliminating the dollar as much as possible when trading with each other is possible (p89) President Trump announced on SNS on 2024/11/30 that 100% import tariffs will be loaned to countries that establish BRICS currencies that challenge the US dollar and will not allow exports to America I did it (p91)
・Since gold is traded in dollars around the world, it can also be called a dollar-denominated asset (p108) According to common sense, gold rises when the dollar is inflated, and the value of gold rises exactly when the value of the dollar falls, but from now on, I think we will enter an era where the dollar is healthy and the price of gold rises further, so it will enter a slightly different dimension (p110)
・ ESG and SDGs are “socialist controlled economies” that have changed their shape, they are not capitalist free economies, which is why they are leaving ESG investment due to green hashing, and leaving the SDGs (p121)
・Since energy prices are reflected in all prices, it is the best way to suppress energy prices or suppress inflation; as a basic trend, American inflation will gradually converge, and in that case, the Fed can also lower interest rates with peace of mind, and if interest rates fall, companies will increase the funds they invest, so it becomes a virtuous cycle where it is good for business (p144)
・Tesla itself has evolved, and it is already not just a company that manufactures and sells EVs, it is transforming into an AI company, so there is no problem with Tesla where there was an EV recession (p157)
・Japan will raise interest rates from now on, so the price of Japanese government bonds will crash, probably the biggest burst of Japan's government bond bubble in history will occur from now on, Japan's inflation rate is around 3%, so the Bank of Japan is also forced to raise interest rates (p162) If interest rates fall 1%, the price of government bonds will rise by about 21%, and vice versa (p164)
・In terms of human history, the three industrial revolutions of the agricultural revolution, industrial revolution, and information revolution have occurred so far, and now we are in the midst of the 4th industrial revolution (AI and digital transformation) occurring, so the AI boom is not a short boom that ends in 1 or 2 years. Such social reforms and industrial reforms are taking place where common sense up until now and the industrial structure itself will completely change (p241)
