If your currency is too strong, it becomes hard to export goods to other countries. It can wreak havoc on domestic industries. This is why countries like Norway and Saudi created sovereign wealth funds to invest elsewhere, to prevent this from happening.
If your currency is too strong, it becomes hard to export goods to other countries. It can wreak havoc on domestic industries. This is why countries like Norway and Saudi created sovereign wealth funds to invest elsewhere, to prevent this from happening.
"Strength" is not as important as stock and flow when it comes to currency and imp/exports. Strong is a relative term and the host is pushing for a collective narrative. "Strength" could be the Yen strengthening, or Dollar "weakening". Monetary base will show that, but debt will not. Debt is monetized internally by the currency, yes, but it is more fiscal than monetary. Monetary policy comes first. Remember all countries buy other countries currencies to balance these things and avoid shocks.
To me it sounds like this nigga didn't get what he wanted. Maybe a Yen short or something.
"Strength" is not as important as stock and flow when it comes to currency and imp/exports. Strong is a relative term and the host is pushing for a collective narrative.
"Strength" could be the Yen strengthening, or Dollar "weakening". Monetary base will show that, but debt will not. Debt is monetized internally by the currency, yes, but it is more fiscal than monetary. Monetary policy comes first. Remember all countries buy other countries currencies to balance these things and avoid shocks.
To me it sounds like this nigga didn't get what he wanted. Maybe a Yen short or something.
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