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SA is winning the currency war

  • By Alan Knott-Craig
  • February 18, 2013

(tongue in cheek post)

 

Many publications are reporting that the USA has started a global currency “war” by printing more money, thereby accelerating inflation and weakening the US Dollar, allowing for stronger exports and the reduction of its national debt in real terms.

 

The USA is made stronger by a weaker currency.

 

It seems the South African government has adopted the counter-tactic of projecting political uncertainty. So far its working!