Exactly. When you are trying to ramp up your exports a strong currency is an issue for a company because of the cost to produce is often much higher compared to weaker currencies. A prime example is Southeast Asia being used to manufacture and export. Due to their weaker currency it’s cheaper for them compared to the US.
It’s hilarious you say that because it’s just a flat out wrong. Obviously you haven’t read my posts before or you would clearly see not only my beliefs but what I do for work lmfao
Exactly. When you are trying to ramp up your exports a strong currency is an issue for a company because of the cost to produce is often much higher compared to weaker currencies. A prime example is Southeast Asia being used to manufacture and export. Due to their weaker currency it’s cheaper for them compared to the US.