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How do foreign governments adjust their currency?
Adjusting currency is a way to export inflation:
Fast Fact:
1. Foreign government buy dollars (Buy)
2. Invest in US treasuries (Loan)
3. Sell their currency on the foreign exchange (Trade)
Fast Fact:
1. Foreign government buy dollars (Buy)
2. Invest in US treasuries (Loan)
3. Sell their currency on the foreign exchange (Trade)
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