Loading ...insofar as the price of those goods will also fall a bit as commodities fall.
But we produce all our own food, so essentials will depend on local prices. And dammit, surely we’ve imported enough to last everyone a lifetime in the last five years! Still got a whacking 6% trade deficit, in spite of the commodities boom (not helpe by the strong AUD). But the asset deflation will be horrendous.
…It Kills thier Economy which is based on Exports of manufactured Goods…
….How long before they inervene in the Forex markets to squash the Yen rally ?
How are you guys gonna have a proper Deflation if your Currency is going to Hell and fast ..?
things are gonna cost more right ?…especilly things from China USA and Japan !
Wait for the weaker currency to bottom, and then buy. Easy. 
Sorry for the flippancy! The risk is the production might fall too, further weakening the currency. Zimbabwe used to be a big food exporter, for example. And in our case, there are a lot of projects coming on line in low cost countries for China to import from rather than Oz when commodities start picking up again.
A place I’ve been through but don’t know at all, except for a taste of chocolate
Your call many moons ago about A$/commodities collapse was prescient…top marks.
A question - if in this environment you had a (relatively) stronger currency, wouldn’t it be smart to buy a collapsing one that produces “stuff” perhaps waiting a bit for a low?
just overpay a light bill .. 20,000 grand worth .. send 25,000 to the gas company
wait for the refund ,, from the power/gas company .. when the dust settles..
For the TA guys, rhino horn comes to mind.
The real trouble would start if people realised that there wasn’t a safer bank.
Bank runs may be important but what I want to know does the dingo’s donger go up or down?
and look out below.
many folks are in to the banks via the internet
a couple clicks can move the cash/digits to a more secure bank or two
Washingtom MUtual had a big drain on account loosing 15 billions out of accounts
no big bank runs noticed… no lines . no shouting click
yeah, your aussie is getting crushed today. There has been a huge move in favor of the yen and against the aussie dollar today - over 3%. It’s really at the epicenter of the YCT unwinding right now along with the euro. you can imagine that the japanese export market does not like this situation. Any export stock there today must be getting bum rushed.
http://www.nni.nikkei.co.jp/CF/FR/MKJ/nikkei225.cfm?data_name=Nikkei%20225
Notice how when the yen appreciates in this chart, the nikkei gets taken to the woodshed: $nikk
Not enough readily available.