MilitiaMan: "They are not going into a market economy with that" (Uhm...They Kind Of Did) 12/21/20
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MilitiaMan: "They are not going into a market economy with that" (Uhm...They Kind Of Did) 12/21/20
by RamblerNash Tue Dec 22, 2020 12:12 am
MilitiaMan
Article: "Lowering the price of the currency .. What are its implications for the national economy?" The adjustment to 1460 is a devaluation. They are not going into a market economy with that. They didn't at 1190, so with the further negative adjustment they won't either imo...the US FED RESERVE says they can...devalue and revalue. A revaluation to a supported market based exchange rate can change things quickly and on many fronts...
Article: "Lowering the price of the currency .. What are its implications for the national economy?" The adjustment to 1460 is a devaluation. They are not going into a market economy with that. They didn't at 1190, so with the further negative adjustment they won't either imo...the US FED RESERVE says they can...devalue and revalue. A revaluation to a supported market based exchange rate can change things quickly and on many fronts...
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Similar topics» MilitiaMan: "there is a direct motivation to get into the market economy, now, not later!!" 7/6/20
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» MilitiaMan: "I highly doubt they came this far to go into a private or market economy at less than a program rate of 1460" 1/21/21
» MilitiaMan is very optimistic they have every intention to go to a market economy!!
» MilitiaMan: "Going to a free market economy is exactly what we have been waiting for"
» MilitiaMan says -- you're not going to get to a market economy with a program rate...all these things are coming...
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