If A Country Is An Attractive Place For Foreigners To Invest Their Funds, Then That Country Will Have A Relatively High Exchange Rate. If It's An Unattractive Place, It Will Have A Relatively Low Exchange Rate. Those Are The Fundamentals That Determine The Exchange Rate In A Floating Exchange Rate System.

-Milton Friedman

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If A Country Is An Attractive Place

Milton Friedman

If A Country Is An Attractive Place For Foreigners To Invest Their Funds, Then That Country Will Have A Relatively High Exchange Rate. If It's An Unattractive Place, It Will Have A Relatively Low Exchange Rate. Those Are The Fundamentals That Determine The Exchange Rate In A Floating Exchange Rate System.

Topic

Country

Floating

Fundamentals

They Think That The Cure To Big Government Is To Have Bigger Government... The Only Effective Cure Is To Reduce The Scope Of Government - Get Government Out Of The Business.

Thinking

Government

Scope