Re:Dow plunges more than 950 points after China devalues its...
by ryacko on Monday August 05, 2019 @03:33PM
(#20617869)
Common economics as described by the news is entirely incorrect.
Trade is dependent more on environmental policy than currency ratios.
Tariffs reduce profitability of imports making them less viable for firms to use.
China’s success largely depends on low interest rates caused by the printing of money, not by a devalued currency which would be temporary as prices would adjust because as notathing says, there is international arbitrage in everything.
Trade is dependent more on environmental policy than currency ratios.
Tariffs reduce profitability of imports making them less viable for firms to use.
China’s success largely depends on low interest rates caused by the printing of money, not by a devalued currency which would be temporary as prices would adjust because as notathing says, there is international arbitrage in everything.