Why isn't everyone just buying up yen right now and then selling it for a huge return when the 2020 Olympics come around?
Serious question, I don't get why you don't buy now if demand (and, by transition, price) is going to go up.
>>1997830
>3 years
>>1997830
>if demand (and, by transition, price) is going to go up.
you're assuming supply won't go up as well. This is a false assumption.
https://en.wikipedia.org/wiki/Money_illusion
>>1997836
Why can't I hold my liquid in yen instead of USD? If I really need it I can always sell out before the olympics.
What is the average spike in the currency price during olympics, anways?
>why aren't you investing your money for a possible 2% ROI before taxes 3 years from now
>>1997830
Forex Trading is some of the riskiest shit I can think of, you're basically betting on such a complex system, not just a currency but the government that regulate it, the complex economy that runs on it and a ton of other shit that goes beyond the realm of supply and demand.
>>1997830
Because they might get inflation under control by then
>>1997840
Why wouldn't you buy Japanese Bonds if you're holding for that long? Earn some interest on those yen.
Having said that, after the announcement that they won't hit 2% inflation this year I'm tempted to buy in for about 6 months, I still need to do my research
>>1997830
Because Japan keeps printing money?
so countries just print money before the olympics to account for the demand?