Re:Paul Krugman: The austerity delusion
by mdemare on Wednesday April 29, 2015 @03:07PM
(#9460878)
> If you reduce the value of your currency by 25%
It is the dollar that has appreciated, not the yen that has depreciated. The dollar has appreciated against most currencies in the last year – probably because people expect interest rate hikes this year. It has nothing to do with Japan per se.
It is the dollar that has appreciated, not the yen that has depreciated. The dollar has appreciated against most currencies in the last year – probably because people expect interest rate hikes this year. It has nothing to do with Japan per se.