10,000 yen note
The 10,000 yen note (1万円紙幣 "1Man-en shihei") is the largest banknote denomination of the Japanese yen. The front side of the 10,000 yen note includes a portrait of Yukichi Fukuzawa, a Meiji era philosopher and the founder of Keio University. The back of the note shows a drawing of the Hōō (, Fenghuang) in the Hall of the Phoenix, Byōdō-in.
Currency intervention
By 2014, critics of Japanese currency intervention asserted that the central bank of Japan was artificially and intentionally devaluing the yen. Some state that the 2014 US-Japan trade deficit — $261.7 billion — was increased unemployment in the United States. Bank of Korea Governor Kim Choong Soo has urged Asian countries to work together to defend themselves against the side-effects of Japanese Prime Minister Shinzo Abe's reflation campaign. Some have (who?) stated this campaign is in response to Japan's stagnant economy and potential deflationary spiral.
In 2013, Japanese Finance Minister Taro Aso stated Japan planned to use its foreign exchange reserves to buy bonds issued by the European Stability Mechanism and euro-area sovereigns, in order to weaken the yen. The U.S. criticized Japan for undertaking unilateral sales of the yen in 2011, after Group of Seven economies jointly intervened to weaken the currency in the aftermath of the record earthquake and tsunami that year.