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Currency debasement is more monetary policy than fiscal policy I think. Either way I didn't read the GP comment as saying China can't do that, just that doing s
by _heimdall 1y ago
Currency debasement is more monetary policy than fiscal policy I think. Either way I didn't read the GP comment as saying China can't do that, just that doing so is what gave them an edge long enough to gobble up a lot of our trade.