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🔻 Is currency depreciation good for exports? | Currency depreciation 

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What is currency depreciation? What are the causes of currency depreciation? Is depreciation good for exports? What are the consequences of currency depreciation
Learn Austrian Economics in a fun way!
00:00 What is currency depreciation?
00:29 The causes of currency depreciation
03:09 Is depreciation good for exports?
04:40 Further consequences of currency depreciation
06:29 Summary
07:25 Need animation?
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Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!
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1 июл 2024

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Комментарии : 23   
@marunio435
@marunio435 2 года назад
You're giving us many videos lately. You're the best!
@radha94
@radha94 2 года назад
Minimum wage is bad, and cause unemployment. In that case what about inflation adjust to inflation? Does that case any problems? Expecting your answer
@EconClips
@EconClips 2 года назад
You mean the situation when companies adjust wages to make up for inflation? No, this doesn't cause problems - it's just maintaining real wages at the same level as before.
@---uf2zl
@---uf2zl 2 года назад
To make such a claim, you really ought to show the result of some empirical studies, or even better, a meta-analysis. It's not enough to say "weak currencies may not help exports" without showing what were the results empirically.
@EconClips
@EconClips 2 года назад
No, it's not necessary to talk about the economic theory by giving results of studies. The empirical studies tests the theory, not create it. But here you have some studies: www.tandfonline.com/doi/abs/10.1080/00036840500438848 papers.ssrn.com/sol3/papers.cfm?abstract_id=3369287 onlinelibrary.wiley.com/doi/abs/10.1002/j.2325-8012.2006.tb00723.x
@MrTheArtico
@MrTheArtico 2 года назад
You are exporting the same amount of stuff for less Money. Devalution only helps exporter
@austinbyrd4164
@austinbyrd4164 2 года назад
Gdp counts spending. Spending isn't inherently good, therefore gdp isn't inherently good. Venezuela's gdp was through the roof.
@aminuabdulmanaf4434
@aminuabdulmanaf4434 2 года назад
What would you suggest is a better alternative?
@austinbyrd4164
@austinbyrd4164 2 года назад
@@aminuabdulmanaf4434 real gdp, but even that is only adjusted to the government's figures of inflation. Which are heavily skewed. It's kinda hard to judge. Gdp simply stands for gross domestic product. It doesn't see the quality of those products, or whether we have a wasteful surplus of undemanded products. The only real measurement of a nation's wealth is their living standards, but how do you really measure that? It's subjective. Each individual has different wants & needs.
@stelltame227
@stelltame227 2 года назад
Inflation is a tax on the little guy. Stop printing fiat!!!@@
@NaNa-wj8tw
@NaNa-wj8tw 2 года назад
Damn right. How many of us want to vote for rising living costs as a good thing. Insanity.
@Languslangus
@Languslangus 2 года назад
States need to work towards selfreliance.
@daringdare5078
@daringdare5078 2 года назад
Why?
@generalsalami8875
@generalsalami8875 Год назад
Shipping away exports at artificially cheap exchange rates doesn't help towards self-reliance .
@yasaswy
@yasaswy 2 года назад
As long as oil is bought in dollars, demand for dollars will stay and nothing will change.
@voswouter87
@voswouter87 2 года назад
That's not caused by the strength of the dollar though.
@Languslangus
@Languslangus 2 года назад
Ecavtly why the EU must demand all transactions are made in €.
@stelltame227
@stelltame227 2 года назад
but they are not being used for oil now.....40% of Europe now needs gold or Rubles. Get ready for hyperinflation America whole all those dollars are dumped as from Friday!!!
@austinbyrd4164
@austinbyrd4164 2 года назад
That demand is artificial & monopolistic. It's immoral, & will inevitably fail. They're literally doing trade deals with china & russia right now to price oil in yuan, rubles, gold, & even bitcoin lol.
@austinbyrd4164
@austinbyrd4164 2 года назад
And nat. gas
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