Why Currency Wars Are So Destructive
When a country chooses to devalue their currency a trading partner might retaliate, which could then leave both countries worse off.
When an economy starts to flag, governments may start a currency war. Investors need to know what this term means and also know why this can be so destructive to the countries that are involved.
This type of conflict starts when one country chooses to lower the value of their currency so that they are able to – Read more