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For those who read the 2nd page, you'll see that there is no decline, just changes. The headline is agitprop. The Yen has increased in value against the US dol
by skylan_q 15y ago
For those who read the 2nd page, you'll see that there is no decline, just changes.
The headline is agitprop. The Yen has increased in value against the US dollar greatly in the past decade, yet Japan still manages to manufacture and export. It's defending the myth that currency devaluation is required to have a positive balance of trade.