🔻 Is currency depreciation good for exports? | Currency depreciation

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EconClips

EconClips

Күн бұрын

Пікірлер: 23
@marunio435
@marunio435 2 жыл бұрын
You're giving us many videos lately. You're the best!
@radha94
@radha94 2 жыл бұрын
Minimum wage is bad, and cause unemployment. In that case what about inflation adjust to inflation? Does that case any problems? Expecting your answer
@EconClips
@EconClips 2 жыл бұрын
You mean the situation when companies adjust wages to make up for inflation? No, this doesn't cause problems - it's just maintaining real wages at the same level as before.
@---uf2zl
@---uf2zl 2 жыл бұрын
To make such a claim, you really ought to show the result of some empirical studies, or even better, a meta-analysis. It's not enough to say "weak currencies may not help exports" without showing what were the results empirically.
@EconClips
@EconClips 2 жыл бұрын
No, it's not necessary to talk about the economic theory by giving results of studies. The empirical studies tests the theory, not create it. But here you have some studies: www.tandfonline.com/doi/abs/10.1080/00036840500438848 papers.ssrn.com/sol3/papers.cfm?abstract_id=3369287 onlinelibrary.wiley.com/doi/abs/10.1002/j.2325-8012.2006.tb00723.x
@MrTheArtico
@MrTheArtico 2 жыл бұрын
You are exporting the same amount of stuff for less Money. Devalution only helps exporter
@austinbyrd4164
@austinbyrd4164 2 жыл бұрын
Gdp counts spending. Spending isn't inherently good, therefore gdp isn't inherently good. Venezuela's gdp was through the roof.
@aminuabdulmanaf4434
@aminuabdulmanaf4434 2 жыл бұрын
What would you suggest is a better alternative?
@austinbyrd4164
@austinbyrd4164 2 жыл бұрын
@@aminuabdulmanaf4434 real gdp, but even that is only adjusted to the government's figures of inflation. Which are heavily skewed. It's kinda hard to judge. Gdp simply stands for gross domestic product. It doesn't see the quality of those products, or whether we have a wasteful surplus of undemanded products. The only real measurement of a nation's wealth is their living standards, but how do you really measure that? It's subjective. Each individual has different wants & needs.
@stelltame227
@stelltame227 2 жыл бұрын
Inflation is a tax on the little guy. Stop printing fiat!!!@@
@NaNa-wj8tw
@NaNa-wj8tw 2 жыл бұрын
Damn right. How many of us want to vote for rising living costs as a good thing. Insanity.
@Languslangus
@Languslangus 2 жыл бұрын
States need to work towards selfreliance.
@daringdare5078
@daringdare5078 2 жыл бұрын
Why?
@generalsalami8875
@generalsalami8875 Жыл бұрын
Shipping away exports at artificially cheap exchange rates doesn't help towards self-reliance .
@yasaswy
@yasaswy 2 жыл бұрын
As long as oil is bought in dollars, demand for dollars will stay and nothing will change.
@voswouter87
@voswouter87 2 жыл бұрын
That's not caused by the strength of the dollar though.
@Languslangus
@Languslangus 2 жыл бұрын
Ecavtly why the EU must demand all transactions are made in €.
@stelltame227
@stelltame227 2 жыл бұрын
but they are not being used for oil now.....40% of Europe now needs gold or Rubles. Get ready for hyperinflation America whole all those dollars are dumped as from Friday!!!
@austinbyrd4164
@austinbyrd4164 2 жыл бұрын
That demand is artificial & monopolistic. It's immoral, & will inevitably fail. They're literally doing trade deals with china & russia right now to price oil in yuan, rubles, gold, & even bitcoin lol.
@austinbyrd4164
@austinbyrd4164 2 жыл бұрын
And nat. gas
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