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Exchange rate will be the hero of American?

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  • Exchange rate will be the hero of American?

    Germany has enough reason to feel dissatisfied with U.S. policy. Its economy was considered death 10 years ago.
    At that time, the German economy can not do without the high prices of commodities. When East Asia, China, Korea and other countries also produce similar products with it, few believe that Germany have a chance. But the Germans did not give up.
    The Germans substantially reduce the cost. To the French surprise, they decline the costing of the wine production. In addition, the innovative changes that they make their products depend on intellectual property rights even more, not commodities.
    With the low cost and price advantage, the German harvest an new export boom. However. But this time American want to get the question into the exchange rate. Germany, United States are facing a lot of the problems that Germany faced before, but it don’t want to renew, while they want to find a fast track by the way of currency depreciation!

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