Zman Market Timing Message Board

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Strategies & Market Trends : Zman Market Timing

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To: robert b furman who wrote (400)	10/23/2013 11:09:08 PM
From: skinowski	Read Replies (1) of 15903

Get a loan with expensive money and pay it back with cheap money - not a bad deal. Yeah, but... this doesn't really sound too honest. "Borrowing" money without intending to repay in equal value plus interest is... well... Not a good ethical foundation for a nation. It seems to me that increasing exports through weakening the currency implies that you will be paying your workers less (in "real" value). So, why not directly and honestly decrease wages? Why do it surreptitiously, through eroding the currency?

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