Dr. Rick C. Ernst
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Competitive Devaluation

South Korea's Chaebol economy offers business lessons
theconversation.com

The weakening of the Won also creates uncertainty among international investors since this action can lead to competitive currency devaluation or currency war. The Won can be further devalued the financial policies of the US, Japan, and China. The …

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The Economic Case for Bitcoin
finance.yahoo.com

Hence, if prices and wages get out of line in one country, devaluation can't fix the problem. The U.S. has lived with what has essentially been a single currency for a long time. Somehow we've learned that adjusting prices and wages to remain …

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Underlying US dollar negatives trump better economic news.
www.forexlive.com

`Devaluation by QE` has been a back door entry to the club, with devaluation being claimed as nothing more than a desirable side-effect to a necessary stimulant to recovery; the UK and the US are confirmed as users, but the habit has certainly been …

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Russia moving to devalue the ruble
www.wsws.org

The Russian central bank last month initiated a policy of allowing the ruble to sink in value, intensifying a long-standing discussion on a possible major devaluation of the currency in the next two years. According to the news agency Finmarket, the …

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Lessons from South Korea's Chaebol economy
theconversation.com

The weakening of the Won also creates uncertainty among international investors since this action can lead to competitive currency devaluation or currency war. The Won can be further devalued the financial policies of the US, Japan, and China. The …

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Bank of Canada to confirm USDCAD break
www.zawya.com

The periphery desperately needs for the ECB to engage fully in the global competitive devaluation game — that will only be accomplished by a drastic re-expansion of the ECB's balance sheet. The BoE is likely to maintain radio silence tomorrow. We have …

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Money, Inflation and Conflict
www.stabroeknews.com

Exchange rate depreciation – itself resulting out of conflict – is a major trigger of inflation in an economy like Guyana since importers will mark-up the higher import prices for consumers like public servants, sugar workers, bauxite workers and …

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Europe repeating all the errors of Japan as deflation draws closer
www.forexlive.com

With a stupid mindset like the one from German central bankers that austerity and internal devaluation will help to make peripheral countries more competitive, while the rest of the western world is printing money thus devalueating its currencies is …

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Cuba's Monetary Unification Reaches Critical Stage
www.havanatimes.org

Supposedly, a business rate of exchange will benefit the competitiveness of Cuban enterprise and will alter the dynamics of the domestic prices after the devaluation. This second probability implies foresight to the risk of an inflationary spiral. Such …

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