Explaine This to Me Mur

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Dr Exile
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Explaine This to Me Mur

Post by Dr Exile » Thu Aug 18, 2011 4:14 pm

Why is a strong currency bad?

http://www.ft.com/cms/s/0/dc8a6686-c8a1 ... z1VOi5Gqm8
Credo quia absurdum.
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Egg
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Re: Explaine This to Me Mur

Post by Egg » Thu Aug 18, 2011 4:19 pm

Depends. If your currency is too strong then your exports bought up as people won't be able to afford them.

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Pigeon
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Re: Explaine This to Me Mur

Post by Pigeon » Thu Aug 18, 2011 4:34 pm

US exports? Burger grills and deep fryers.
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Mur
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Re: Explaine This to Me Mur

Post by Mur » Thu Aug 18, 2011 9:47 pm

A weak currency makes imports more expensive.

Right now everyone wants a weak currency
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Pigeon
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Re: Explaine This to Me Mur

Post by Pigeon » Thu Aug 18, 2011 10:51 pm

Too bad we have throw away some much manufacturing.
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