To: SeekAndFind
So if their currency floats, it will probably become more valuable relative to the dollar because they have been fighting hard to keep it cheap. That means their exports will become more expensive and other low wage countries will come in underneath them for low price manufacturing. Awwww!
9 posted on
07/14/2020 9:03:39 PM PDT by
KarlInOhio
(In 2016 Obama ended America's 220 year tradition of peaceful transfer of power after an election.)
To: KarlInOhio
So if their currency floats, it will probably become more valuable relative to the dollar because they have been fighting hard to keep it cheap. That means their exports will become more expensive and other low wage countries will come in underneath them for low price manufacturing. Awwww! Their currency is guaranteed to float.
Any day now once the Three Gorges Dam breaks!
Try the veal, I'll be here all week.
25 posted on
07/14/2020 10:46:57 PM PDT by
grey_whiskers
(The opinions are solely those of the author and are subject to change with out notice.)
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