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S Illinois | Why are you so focused on currency exchange and its fluctuations. Currency exchange is the correcting mechanism of trade imbalances. You seem to thing that’s a bad thing? Why is that?
Free money? There is no such thing as free money. If you are talking currency creation yes there is that but that is needed for a growing economy. A static supply of currency stifles an economy not frees it.
And no a countries currency isn’t nearly as easy to manipulate as you suggest. Someone still has to buy bonds or their currency devalues slowing imports and hastening exports. And no running a trade surplus does not make a country richer. | |
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China expands restrictions on rare earths and chips..
