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RE: World economy canary in the coal mine at a crossroads.

in #money7 years ago

How does a currency exchange between two economically weaker countries affect the world? Australia could decide to print 5 times the amount of currency tomorrow. Guess what happens to this chart? The Yen would rise in value while the Aussie dollar drops.

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The yen rising is already. Represented on the chart as a drop on the chart. Australia could print 5 X more. But thats not the way it works. They wont print 5X the money. If Australia would print 5X. The Australia would have 500% inflation.

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