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Companies went bankrupt and economics spiraled downward in defiance of the beneficial effects that a cheaper currency is usually expected to have on exports.
Despite hopes that a cheaper pound would make British exports more competitive on global markets, today's figures showed that in July sales of UK goods overseas fell by £200m while imports rose by £900m.
It is not a question of either do this or do that: a cheaper dollar and higher American saving are both needed if a crunch is to be avoided.Simple but harshMany American policymakers talk as though it is better to rely entirely on a falling dollar to solve, somehow, all their problems.
He added that a cheaper dollar will not be enough.
Mr. Cook did not reveal any hints that a cheaper iPhone was in the cards.
But the idea that a cheaper yet still effective Trident-liteexistsisn exists is dishonest.
Similar(27)
Decision makers may be attracted to programmes that provide a cheaper marginal QALY.
Try to stay away from Timex because everyone knows that that is a cheap brand.
"That's a cheap shot".
That is a cheap shot.
I think that's a cheap trick.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com