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This is a normal post If you are in the business of exporting goods or services
and the only reason that people aren't buying your goods or services is that they can get them cheaper elsewhere, on a subjective level, your currency is overvalued. When it becomes widespread among exporters that this is the case, objectively your currency is overvalued.
www.amazon.co.uk/Economics-Dummies-Peter-Antonioni/dp/0470973250
 (I helped save b3ta! Prufrock Lucifer, son of the morning!, Tue 4 Apr 2017, 17:09, , Reply)
This is a normal post Oh yeah?
Well if it's over valued I'll give you 90p each for all your quids.

Fair's fair.
 (I helped save b3ta! Draconacticus Reject shampoo. Demand real poo!, Tue 4 Apr 2017, 17:14, , Reply)
This is a normal post well no, because 'elsewhere' might well have (usually does have) lower costs or higher productivity or both

(benito vaselini no not that one, Tue 4 Apr 2017, 17:25, , Reply)
This is a normal post Yes Benny, that's exactly the point.
An economy that has higher costs (especially labour costs) than another will have a currency that is overvalued in comparison to the lower cost economy. This is super fucking basic macro economics. Have you ever read the business pages in a newspaper in your entire life?
 (I helped save b3ta! Prufrock Lucifer, son of the morning!, Tue 4 Apr 2017, 17:41, , Reply)
This is a normal post you're right, I have no idea what you're talking about
Thanks for playing though
 (benito vaselini no not that one, Tue 4 Apr 2017, 17:50, , Reply)
This is a normal post I'm not sure you have any idea about anything Benny.
But this doesn't stop you constantly spouting inane bollocks. Tragically you have the vote too.
 (I helped save b3ta! Prufrock Lucifer, son of the morning!, Tue 4 Apr 2017, 17:55, , Reply)