DislikedSorry, but that is simply not true. A strong currency should be the result of a healthy economy and high gdp. (X-M) (exports - imports) is only one component of GDP.
Now, you might have countercyclical interference by central banks that results in the weakening of the currency as they artificially lower interest rates to stimulate aggregate demand. But in the long run, output is fixed and only the price level is impacted.
Historically, lower interest rates and declining currency would translate into stimulation of demand via lower interest...Ignored
- Post #7,741
- Quote
- Feb 13, 2013 11:18am Feb 13, 2013 11:18am
- Joined Jun 2010 | Status: s = k log W | 20,603 Posts
- Post #7,742
- Quote
- Feb 13, 2013 11:21am Feb 13, 2013 11:21am
- Joined Jun 2010 | Status: s = k log W | 20,603 Posts
- Post #7,743
- Quote
- Feb 13, 2013 11:27am Feb 13, 2013 11:27am
- Joined Jun 2010 | Status: s = k log W | 20,603 Posts
- Post #7,744
- Quote
- Feb 13, 2013 11:41am Feb 13, 2013 11:41am
- Joined Jun 2010 | Status: s = k log W | 20,603 Posts
- Post #7,746
- Quote
- Feb 13, 2013 11:46am Feb 13, 2013 11:46am
- Joined Jun 2010 | Status: s = k log W | 20,603 Posts
- Post #7,747
- Quote
- Feb 13, 2013 11:47am Feb 13, 2013 11:47am
- | Commercial Member | Joined Jun 2009 | 5,468 Posts
Stocktwit: LuisCarlos - twitter: @lcparodi
- Post #7,748
- Quote
- Feb 13, 2013 12:08pm Feb 13, 2013 12:08pm
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- Post #7,749
- Quote
- Feb 13, 2013 12:08pm Feb 13, 2013 12:08pm
- Joined Dec 2012 | Status: Member | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- Post #7,750
- Quote
- Feb 13, 2013 12:19pm Feb 13, 2013 12:19pm
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- Post #7,752
- Quote
- Feb 13, 2013 12:28pm Feb 13, 2013 12:28pm
- Joined Dec 2012 | Status: Member | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- Post #7,753
- Quote
- Feb 13, 2013 12:46pm Feb 13, 2013 12:46pm
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- Post #7,755
- Quote
- Feb 13, 2013 12:58pm Feb 13, 2013 12:58pm
- Joined Dec 2012 | Status: Member | 8,124 Posts
The world you desire can be won. It exists.. it is real.. it is possible..
- Post #7,757
- Quote
- Feb 13, 2013 1:31pm Feb 13, 2013 1:31pm
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- Post #7,760
- Quote
- Feb 13, 2013 2:08pm Feb 13, 2013 2:08pm
- | Commercial Member | Joined Jun 2009 | 5,468 Posts
Stocktwit: LuisCarlos - twitter: @lcparodi