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The Problem Is to Export, You've Got to Invest
In theory, if the pound gets cheaper because we are buying a lot in and all that moneyis sitting overseason, that should make us cheaper for our export. So why is it that modern monetry theorists believe that exports are actually a bad thing and imports are a good thing? We'll have a look at t sum of the differences next week on the d banking economic prodcast. And phil dobby, thanks for listening.