Mises Wire
Author:
Frank Shostak
Online Publish Date:
economy’s production of goods. Hence in order to keep the economy going economic policies must pay close attention to overall demand. Why Governments Devalue the prices of these goods more attractive. One of the ways of boosting their competitiveness is for the Chinese to depreciate the yuan against the US dollar. people’s life and well being). As time goes by, the effects of loose monetary policy filters through a broad spectrum of prices of goods and services and