Economy 52,861 Posted October 4, 2014 Share Posted October 4, 2014 mobile.bloomberg.com/news/2014-10-02/dollar-aids-world-economy-amid-currency-war-for-faster-inflation.htmlJapan is heading back into deflation and Europe is on the verge of it despite uptra low rates and money printing because the weak economy is incapable of creating inflation naturally because wages dont rise and demands for goods arent rising either Countries continue to try to debase their currencies against eachother. If you have a weaker currency it gives u some inflation and it helps manufacturing by making exports more competitive. Theres a real currency war going on right now to who can have the lowest currency! Even Switzerland that has a policy of a highly free market and little Government interfearance... Has suggested it desires a weaker Swiss Franc and may take action The US has expressed concern over a rapidly rising dollar relative to Euro, Yen and Yuan as of laye Link to post Share on other sites More sharing options...
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