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> All currencies are manipulated. It's a meaningless statement. That's probably (mostly) true today, but it wasn't always the case and it doesn't have to be th
by _heimdall 1y ago
> All currencies are manipulated. It's a meaningless statement.
That's probably (mostly) true today, but it wasn't always the case and it doesn't have to be that way. More importantly, just because most countries manipulate their currencies doesn't mean its meaningless to take issue with the practice or to notice when one country does it more aggressively than others.
- hearsathought 1y agoNobody does it more aggressively or less aggressively. It's done to an "agreed" upon level. Whether it is china, india, eu, japan, etc, every country pretty much sets the range. It's not like it is a secret. It's out in the open. Just like interest rates.