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  • Are overvaluated currencies the problem?

    So, I have a teacher that says that Brazil should devaluate his currency in order to grow its manufacturing industry. As Peter Schiff previously pointed out, the USD is more and more devaluated towards other currencies and the trade deficit is bigger and bigger. So I told that to my teacher. The answer...
    Posted to Economics Questions (Forum) by rafamp on Sat, Oct 15 2011
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