US Dollar Smashes 100 Yen Line: Deflation Is Here

 In currency trading this afternoon, markets valued the US dollar at just over 100 yen. The level was the highest that the US dollar has reached against the yen in four years. The last time the dollar was worth above 100 yen was in April of 2009, when the economic crisis seemed at its darkest point. US Dollar Trading On this morning’s aftermppm, the dollar traded at 100.46 yen, according to data accumulated by Reuters. The symbolic break in the value of the dollar will give fuel to a fire that has been slowly burning on Wall Street in 2013….