Less.
A depreciated but stable currency in a higher interest environment could be considered more desirable. The macro-economic theory runs deeper than 'weak currency is undesirable'. It's fucking great for US exporters.
@Balki started
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A depreciated but stable currency in a higher interest environment could be considered more desirable. The macro-economic theory runs deeper than 'weak currency is undesirable'. It's fucking great for US exporters.