how a lower currency value isn’t a sign of poor economy like in Japan?

Question

how a lower currency value isn’t a sign of poor economy like in Japan?

In: Economics

Answer 1

If you multiply everything in your currency with 100. So prices and wages nothing changes at all. The number on the currency realy doesnt matter. The things that do matter is how do wages change in comparison to prices and how does the value of your currency change in comparision to other currencies.