To be clear, my understanding is it’s bad if it goes on for several quarters/years sort of thing, not bad for happening once.
It’s also extremely bad if it’s being intentional by the govt, such as the case in China to keep their manufacturing and exports available at low cost to external vendors.
That keeps the population dirt poor and unable to afford a reasonable living.
To be clear, my understanding is it’s bad if it goes on for several quarters/years sort of thing, not bad for happening once.
It’s also extremely bad if it’s being intentional by the govt, such as the case in China to keep their manufacturing and exports available at low cost to external vendors.
That keeps the population dirt poor and unable to afford a reasonable living.