Abenomics Utter Fail: Japan’s Crazy Exploding Trade Deficit.
It's about time economists understand what trade is all about. Devaluing one's currency doesn't help increase wealth. There's no historical precedence for it. Sure, it helps exports, but it only means you pay more for imports too.
Also, the ultimate reason for a nation to export is to IMPORT.
Devaluing one's currency simply TRANSFERS wealth from the currency holders (this includes the population) to that FEW exporting companies, because there'll be inflation at home, and people/other companies have to pay more for imports.
A strong nation has a strong currency, not a weak one.
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