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I'm currently reading Currency Wars by James Rickards. In it, he says that one way for a nation to boost its exports is to depreciate its currency by printing money. For example, let's say that the price of a German car is 20,000 marks or 20,000 US dollars. And let's say the exchange rate...
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I just read this article http://mises.org/daily/4256 I understand most everything in it and it makes sense but I am stuck on one spot and it might just be my brain jumping around on too many other things. "By making Chinese goods cheaper through inflation, the People's Bank of China is effectively...