SWFloridaGuy] Here is another possible explanation of how a large currency appreciation or “appreciation shock,” can help reduce global imbalances. This establishes four key apspects can prove useful in the ongoing debate about the role of exchange rate adjustment for global rebalancing. I’m not referring to a reset where 70 countries RV or anything like some of the rumors we’ve heard.
[gunny] SWFloridaGuy TY; I agree. Use the IQD as the “cornerstone” to rebalance the system, so to speak.