| Title | : | The devaluation debate - why do countries want a weaker currency? |
| Lasting | : | 2.53 |
| Date of publication | : | |
| Views | : | 38 rb |
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This is stupid The bonds and agreement of debts still exist there even if the currency is vanished by massive inflation They will just ask you to pay with other currencies Comment from : @subhuman3408 |
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“All countries are desperate to create inflation” - I’m afraid this statement didn’t age well 😢 Comment from : @patrycjakowalczyk7665 |
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But how does having a weaker curreny help exports? brIf a currency suddenly looses half it's value it costs twice as much to produce things whitch means that the price decrease for exports would be negated by inflation, half the currency value and all costs and prices will double so the end result is the same Comment from : @KeinNiemand |
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South Korea won?! Ranks 30 Why?! below are Hong Kong Dollars Comment from : @koreanpeninsula7102 |
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short and sweet Comment from : @traetonmcglohon4563 |
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so… the Indonesian Rupiah is on safe yet a bit dangerous rank as one of the lowest currency? Comment from : @asa0046 |
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clearest explanation ive had so far about devaluation Comment from : @deathlessmile |
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best explanation Comment from : @sandwitht6264 |
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I think this can be say as apple vs Samsung Comment from : @mayankkumarsharma1632 |
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This should always know that weak currency is bad for the citizen to import Comment from : @ayubajohn1970 |
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Can you explain, "A weaker currency is also inflationionary and all countries are desperate to create inflation to reduce their debts" more in depth? Comment from : @davidperez-hernandez478 |
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