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It's not just China and the USA. Pretty much all countries want to devalue their currency to improve their balance of trade in a race to the bottom. Logically n
by nradov 1y ago
It's not just China and the USA. Pretty much all countries want to devalue their currency to improve their balance of trade in a race to the bottom. Logically not everyone can win the race.
- mensetmanusman 1y agoSomeone needs to figure out the best hack for what to do with high value currency.
- chowchowchow 1y agoIsn’t it to sell home currency denominated debt…?