The Japan Handbag Arbitrage

Our Gen Z correspondent Sophia Nasibdar can teach her parents a thing or two about exchange rates - leveraging the historically weak Japanese Yen for bag swag.

On an icy Friday afternoon here in D.C., I somehow convinced my mom to make a quick ice cream stop after she picked me up from school at the Cathedral. I hopped in the car, and we were on our way into the city for a quick pitstop. It was supposed to be simple. In, out, gelato, back in the car before my face went numb. My eyes were super-focused on the p…