re: warren buffett - I can't believe he wrote that. It does not make sense. The end result of his plan would simply be that the exchange rate would revert to a value where $ value imports equates to $value exports regardless of any IC (which would become valueless) and the "market place "will use exchange rates to trade neutrally. ie a fall in the $us
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re: warren buffett - I can't believe he wrote that. It does not...
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