55. Is easy money good for exports?

In today’s seminar Saifedean talks to regular attendees about whether increasing a nation’s exports should be seen as a desirable policy goal, and why countries that devalue their currencies don’t necessarily export more. The discussion focusses on the post-war experience of Germany and Switzerland and how these countries grew prosperous through maintenance of a strong currency. Books referenced during the discussion include: Gold Wars: The Battle Against Sound Money as Seen From a Swiss Pers...