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Hyun Song Shin Explains Why This Dollar Shock Is So Unique
Odd Lots
Do You Think We Could Break the Dollar Doom Loop?
Tracy: In normal times, a story that a depreciation would actually stimulate exports and therefore that's going to be pulling the economy to stronger activity. But as you well know, we aren't in normal times - Europe is disrupted by energy shortages; China is still disrupted by COVID lockdowns. So there seems to be a big question mark over whether or not the normal economic patterns would apply. What would break the current episode? Well, I think, you know, if we can get inflation under control," he says. "I like that optimistic end"
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