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To: Toddsterpatriot
With their imports almost equal to their exports, wouldn't any devaluing by China increase the cost of inputs to their economy, thereby making their exports more expensive? Wouldn't it be close to a wash?

IIRC, Japan tried to export their way out of economic trouble back in the early 90's in the same manner and the result was 20 years of recession and deflation. My point is that Trump should be focused on taxes, regulations, unions, and lawyers, rather than currency. The former are better understood and more likely to help our economy, which is what he wants to do.

36 posted on 08/26/2015 7:52:40 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: Mase
With their imports almost equal to their exports, wouldn't any devaluing by China increase the cost of inputs to their economy

Yes. Making your inputs more expensive is a policy only poor Willie thinks is a good idea.

My point is that Trump should be focused on taxes, regulations, unions, and lawyers, rather than currency.

I agree, if they want to overpay for their commodities to give us a lower price on their exports, they're doing it wrong.

38 posted on 08/26/2015 8:20:01 AM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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