To President Trump: September 20, 2026 "If countervailing currency duties are introduced, President Trump’s slogan of 'winning the currency war' could lead to an unexpected outcome: the disappearance of the war itself. Supporters are left bewildered, wondering, 'Did we win or lose?'" [The Reality of a World Where Currency Effects Are Neutralized] Exchange rates become virtually fixed, and interest rates serve solely to adjust the domestic economy; this system is characterized by features such as the elimination of carry trades and greater predictability in the cost of living. (Yasuhiro Nagano)

 To President Trump




2026 September 20 [Proposal of the Day] Explanation of the deflationary mechanism of exchange rates by balanced countervailing duties and a future international finan-cial vision where interest rates are purified into domestic policy. (Yasuhiro Nagano)


1 [The Mechanism of Balanced Countervailing Duties That Nullifies Exchange Rates] The balanced countervailing duties that I envision form a system that forcibly balanc-es trade balances through a mechanism where tariffs automatically rise for countries with trade deficits and automatically fall for countries with trade surpluses (or where importing nations levy tariffs). (Yasuhiro Nagano)


2 [Power as an Automatic Stabilizer of Trade Equilibrium] If this system is sufficiently strong, the trade balance will be fixed at equilibrium even if exchange rates fluctuate. Therefore, regardless of whether exchange rates are high or low, import and export volumes are automatically adjusted by tariffs, making the meaning of exchange rates vanish. This is an "automatic stabilizer for trade equilibrium" far more powerful than the gold standard or a fixed exchange rate system. (Yasuhiro Nagano)


3 [Paradigm Shift in the Relationship Between Interest Rates and Exchange Rates] Once exchange rates lose their meaning, interest rates function as follows. Interest rates affect "capital flows," but exchange rates do not move. In the ordinary world, rising interest rates lead to capital inflows from abroad and currency appreciation, while falling interest rates lead to capital outflows and currency depreciation. This vexing situation disappears. (Yasuhiro Nagano)


4 [Interest Rates Purified as a Domestic Economy Adjustment Tool] However, in the world of balanced countervailing duties, even if capital inflows and outflows occur, exchange rates do not affect the trade balance, so currency values remain stable. In other words, even if interest rates cause capital movements, they lose the power to move exchange rates. (Yasuhiro Nagano)


5 [Extinction of Carry Trades and Stability of International Finance] Interest rates be-come pure domestic policies that move only "domestic investment and consumption." If exchange rates do not move, the role of interest rates is limited to corporate bor-rowing costs, household mortgages and consumption, increases and decreases in domestic investment, and adjustment of the domestic inflation rate. In other words, interest rates are purified as a tool for adjusting the domestic economy. This is a very manageable environment for central banks. (Yasuhiro Nagano)


6 [Environment Where Inflation Targeting Functions Most Effectively] "Carry trades" driven by interest rate differentials disappear. In the current world, Japan's low inter-est rates lead to borrowing yen to invest in dollar assets, which accelerates the de-preciation of the yen. However, in the world of balanced countervailing duties, ex-change rates do not move even if carry trades are conducted. Therefore, profits from carry trades vanish, and volatility in international financial markets drops significantly. (Yasuhiro Nagano)


7 [Specific Appearance of a World Where Exchange Rates Are Nullified] Because ex-change rates do not move, import prices stabilize, and central banks can determine interest rates looking only at "domestic inflation." This is an environment where infla-tion-targeting policy functions most effectively. (Yasuhiro Nagano)


8 [Fundamental Stabilization of International Finance Eliminating Deficit and Surplus Countries] The specific appearance of a world where interest rates do not affect ex-change rates—my envisioned world of balanced countervailing duties plus exchange rate nullification—has the following characteristics: exchange rates are almost fixed (even if they fluctuate, it does not affect trade), interest rates adjust only the domes-tic economy, carry trades disappear, international capital movements occur but ex-change rates remain stable, import prices stabilize making living costs predictable, and exports and imports are always in equilibrium, causing deficit and surplus coun-tries to vanish. This is a system that fundamentally removes the instability of interna-tional finance. (Yasuhiro Nagano)


9 [Innovativeness of Resolving Exchange Fluctuations and Currency Wars at Once] My idea of balanced countervailing duties is extremely innovative in systematically nullifying "exchange rate fluctuations," which is the greatest source of instability in international finance. In particular, exchange rate fluctuations, carry trades, trade imbalances, and currency wars can potentially be resolved all at once. (Yasuhiro Na-gano)


10 [Rationality of Maximizing Central Bank Policy Effects] The point that interest rates are purified into domestic policy is extremely rational in terms of maximizing the poli-cy effects of central banks. Please inquire regarding the specific tax rate design (mathematical model) for balanced countervailing duties. (Yasuhiro Nagano)


11 [Prerequisites and Drawbacks of Balanced Countervailing Duties] However, bal-anced countervailing duties also have a drawback: when a country like the United States lacks competitiveness in export products or has no products to export, my the-ory cannot hold. (Yasuhiro Nagano)


12 [Solution to Illegal Immigration Flooding Developed Countries] Therefore, I pro-pose constructing "special zones (factory zones)" for the "illegal immigrants" flooding into developed countries, accepting them under the status of "provisional immigrants" limited to these "special zones." This will resolve conflicts between immigrants and native citizens. (Yasuhiro Nagano)


13 [Balancing Labor and Living Guarantees in Special Zones] In the "special zones," provisional immigrants are employed as workers with wages lower than China's. However, their food, clothing, housing, medical expenses, and education costs are free. These expenses are borne by the operating organization of the special zone, and corporate burdens are limited to wages alone. (Yasuhiro Nagano)


14 [Specific Location Plans for Special Zones by Developed Country] The locations of the special zones are the U.S.-Mexico border for the United States, the Philippines for the United Kingdom, and Algeria for the European Union. By constructing special zones, developed countries will completely reverse the trade war with China. (Ya-suhiro Nagano)


15 [Continuation and Detailed Explanation Notice for Tomorrow] The detailed mech-anism by which developed countries reverse the trade war with China through the construction of special zones will be explained in detail starting tomorrow. (Yasuhiro Nagano)


Part 1 References

Easy-to-Understand Explanation of the Relationship Between Interest Rates and Ex-change Rates: Why Currencies Move

https://www.ebc.com/jp/forex/291882.html


I will write again tomorrow.

Yasuhiro Nagano (Japanese)



3. Sunday Edition (Dysfunction of Domestic Institutions and Global Recommendations - Chapters 7-8)


Part 2: Immigration Law Violation Cases, Sunday Edition


Chapter 7: When I was released from prison after completing my sentence, I read the newspaper and found out that a similar incident had occurred at the Philippine Embassy.


❤Click below to read the full article!

https://toworldmedia.blogspot.com/



Philippine diplomats, embassy staff, and Filipino drivers have suffered the same damage as me.


I have also filed a criminal accusation against this case.


I and the Chinese in the 2010 immigration law violation case, and the Philippine Embassy staff and diplomats in 2013, were punished for the same reason.


I have submitted my complaint and the complaints of the Chinese and Filipinos to the Tokyo District Public Prosecutors Office, the Tokyo High Public Prosecutors Office, and the Supreme Public Prosecutors Office.


However, all of them were rejected. If the prosecutor accepts and rejects the case, I can request the Prosecutor's Review Board to prosecute, but I have no way to oppose the rejection.


I also appealed to political parties and Diet members. But they were all ignored.


A city council member accompanied me to the Democratic Party's legal advisor. However, the advisor's answer was that if the "principal offense" is found guilty, then the "crime of aiding and abetting" is established. Is he really a lawyer?


The Democratic Party's legal advisor says that all those who graduated from the Legal Training and Research Institute have the same answer. This is proof that Japan is not "governed under the law".


I asked the Japan Bar Association for support. They said that the JFBA does not have the "power" to solve the problem. Japan's "judicial system" is crazy.


I have "emailed" "political parties and Diet members", as well as "the Prime Minister's Office and the Human Rights Bureau" on "Facebook and (X)", but they are still ignoring me.


This case is an arbitrary misapplication of the law by police officers, prosecutors, and judges. (It is an illegal act).


The charges are "Abuse of the authority of a special public official" and "Crimes of False Complaints".


In my "personal opinion," the prosecutors "concealed" the "criminal complaint" and "criminal accusation" by their "authority." Therefore, the "statute of limitations" has been suspended.


"Chapter 8." This case is "legally" an "error in the application of law."

"Errors in the application of law" are not subject to "requests for retrial" under the "Criminal Procedure Law."


However, if the "crime of the inspectors and police officers involved in the case" is "proven," a request for retrial can be made.


1. The charge against the "special public officials" in this case is "abuse of the authority of special public officials."

They "arrested" us even though there was "no suspicion of a crime." And they even "detained" us. (There is a precedent for grand jury decisions.)

2. And it is "the crime of false accusation." It is a fact that they "indicted" us and even found us guilty in a "trial" in order to make us criminals.


Requests for retrial can be made by us or by the prosecutors.

I believe that the prosecution should admit guilt and make a request for a retrial.


I will not give up. It has been 15 years since the incident.


The only country that can resolve this case is the United States.

When Trump was the former president, he promised me.


He replied with a signed letter saying, "I will resolve this in a way that satisfies you."


I hope that this time he will keep his promise.


President Trump, let's work together to "revive the Rust Belt" and create a "special zone on the Mexican border."


And let's cross the Caribbean Sea to the Pacific Ocean in two hours with the "American Linear Canal Railway," a freight train dedicated to containers that will replenish the Panama Canal.


People around the world, please support us.


Part 3. Construction of a special zone. It's a new business model.

No2: https://world-special-zone.seesaa.net/

No1: https://naganoopinion.blog.jp/


Part 4. "US-Russia-China" three-nation military alliance and war show

No2: https://urc-military.seesaa.net/

No1: https://sangokugunzidoumei.blog.jp//


Part 5. Ukraine War

No2: https://ukrainawar.seesaa.net/

No1: https://ukrainian-war.blog.jp/


Part 6. Japan's infamous judicial system and human rights violations

No2: https://nipponsihou.seesaa.net/

No1: https://humanrightsopinion.blog.jp/


Part 7. Development of virus detectors for coronavirus and other viruses

https://covid-19-sensor.seesaa.net/


Part 8. North Korea's abduction and missile issues

https://taiwan-defense.seesaa.net/


Part 9. One Coin Union & Hydrogen Vehicle Promotion

https://onecoinunion.seesaa.net/


Part 10. Nagano Opinion, Next Generation Nuclear Power Plant: CO2 Free & SDGs

https://naganoopinion.seesaa.net/


Thank you.


Yasuhiro Nagano


Past articles can be viewed at the blog below.

https://toworldmedia.blogspot.com/


If you have any questions, please feel free to contact us!

enzai_mirai@yahoo.co.jp



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