Mmm, that's a good point. Really, the bottom line is that countries routinely devalue when they get into trouble, and it serves them in good stead. Even durin

Mmm, that's a good point. Really, the bottom line is that countries routinely devalue when they get into trouble, and it serves them in good stead. Even during the great depression, there was a clear correlation between how soon the country dropped off the gold standard (and thus devalued) and how quickly they began to recover. (Britain did so quickly; the US did so slowly.)