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April 2013

Recs

16

"This is a bull market for stocks, not the economy"

April 16, 2013 – Comments (13)

MoneyWorksForMe posted this in DragonLZ's last blog.  This something I hear all of the time (with slight variation in words), but I never understand it.  [more]

Recs

4

Seriously, how does weakening a currency help exports?

April 03, 2013 – Comments (19)

Besides the fact that japan had an incredibly strong currency for 20 years while being an export leader, I think people don't understand the difference between cause and effect.  The following is the example I am always given for how weakening a currency helps exports.  I will use incorrect round numbers to make things simple.  [more]

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