I don't understand this. Doesn't an appreciating currency facilitate less demand because it causes people to want to horde cash? Isn't that the currently accepted theory - The idea of the deflationary spiral?
Wcoltd 1 year ago
I don't understand this. Doesn't an appreciating currency facilitate less demand because it causes people to want to horde cash? Isn't that the currently accepted theory - The idea of the deflationary spiral?
Wcoltd 1 year ago