the.com/yen
The currency that proves deflation can be a four-decade personality trait.
means A strong, wistful longing or craving for something — and, separately, the basic unit of Japanese money.
from Two unrelated words collided into one English spelling. The craving sense comes from Chinese yan, meaning opium craving, picked up by English speakers in 19th-century opium-den slang before it broadened into any intense hankering. The money sense comes from Japanese en, meaning 'round object,' describing the coin's shape — itself borrowed from Chinese yuan. English just happened to flatten both into 'yen.'
- symbol origin
- Yen means round object in Japanese
- no subunit
- Sen coins existed but died in 1953
- carry trade
- Borrow cheap yen, invest everywhere else, repeat
- safe haven
- Rises in global panic despite Japan's own debt pile