Eli5: What does devaluation of a currency mean? How does deliberate devaluation helps a country economically? 538 viewsJanuary 3, 2024 Question90.90K July 21, 2021 0 Comments Eli5: What does devaluation of a currency mean? How does deliberate devaluation helps a country economically? In: Economics 5 Answers ActiveNewestOldest Anonymous Posted July 21, 2021 0 Comments yes it helps, as far as I know, the state is getting money after all with it. it is somehow a relatively ethical method instead of higher taxes as everybody is ‘paying’ it according to how much money they have. but it’s far no perfect. You are viewing 1 out of 5 answers, click here to view all answers. Register or Login
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