Discover and read the best of Twitter Threads about #Devaluation
Most recents (9)
With the twin challenges of #inflation and currency #devaluation playing into a vicious symbiotic cycle, #Iraq|is saw the IQD to USD exchange rate increase to nearly 1600 IQD per dollar on the black market this past week. 🧵1/ 
Though hamstrung by limited options, the Central Bank allowed banks to exchange hard currency at the official 1450 IQD rate, conditional on proof of international travel, increasing liquidity sufficiently to stabilize the rate temporarily - but this isn't a long-term solution. 2/
Inconsistent & conflicting justifications for the IQD's dip from the al-Sudani govt, Coordination Framework & CBI has caused concern nationwide. As the crisis lingers, Framework leaders have begun to call for action, adding to the existing calls from their media mouthpieces. 3/
Pakistan's economy is in a dire state, with structural inflation and devaluation of the rupee leading to a crisis for the current political government. 🧵👇
The country is facing challenges both domestically and internationally, with a lack of dollars and a high policy rate environment only adding to the difficulties.
In this chaotic situation, speculators and profiteers have taken advantage, creating a black market for dollars where people are paying a premium price.
1/34 Μετά το χθεσινό βραδινό space (το ραντεβού είναι για κάθε Παρασκευή βράδυ ~23.00) στο οποίο αναφέραμε μερικά από τα narcissistsιc traits (ναρκισσιστικα χαρακτηριστικα) αλλά και πως αφενός να τις αντιλαμβανόμαστε από πλευράς λεκτική και μη-λεκτικής συμπεριφοράς αλλά κυρίως…
2/34 …στο πως να τις αντιμετωπίζουμε. Πάμε να δούμε την ανάλυση μιας συνέντευξης του κατηγορούμενου για #βιασμός #Φιλιππιδης (παράλληλα με την υπόθεση #παιδοβιαστης_Κολωνος #12χρονη)...
Να δούμε όπως πάντα και τα disclaimers μας:
Να δούμε όπως πάντα και τα disclaimers μας:
3/34 Disclaimer 1: Τα παρακάτω δεν αποτελούν επιστημονική γνώμη παρά μόνο προσπάθεια ανάγνωσης της γλώσσας σώματος και της λεκτικής επικοινωνίας του εκάστοτε συνεντευξιαζόμενου.
1/ το βίντεο με τον #ξιαρχο εμετικό...κατ`ελάχιστο...
Πιθανότατα "υπο την επήρεια" όπως εντόπισε και η κυρία που υπέστει το bullying αλλά αντέδρασε εξαιρετικά...
Είναι η συγνώμη του #ξιαρχο στο instagram, αληθινή και ειλικρινής; Παμε να δουμε σε #thread...
Πιθανότατα "υπο την επήρεια" όπως εντόπισε και η κυρία που υπέστει το bullying αλλά αντέδρασε εξαιρετικά...
Είναι η συγνώμη του #ξιαρχο στο instagram, αληθινή και ειλικρινής; Παμε να δουμε σε #thread...
2/ Στην πρώτη κιολας πρόταση της "συγνώμης" βλέπουμε τον ορισμό του #psychological #distancing με τα εμετικά σχόλια περι...οριζόντιων ριγων - συνοδευομένα με τα ηλίθια γέλια - να βαπτίζονται..."σχολιασμός" ενώ μιλάμε για τον ορισμό του εκφοβισμου (#bullying) και της παρενοχλησης
3/ θα θυμούνται οι φίλοι/ες ότι το psychological distancing είναι παγια τακτική των θυτών οταν αυτοί νιωθουν ένοχοι για κάτι...την οποία βλέπουμε σε πολλές μορφές βιας... ("πηρα" αντι για "εκλεψα", "σεξουαλική πραξη" αντι για "βιασμος", "έκανα κακό" αντι για "δολοφονησα" κτλ)...
Currency Devaluation or Depreciation might be helpful in outward paying economies that have an export-led model of growth.
Economies where the majority of the derived demand is based on domestic commercial activity, might find currency price reduction as a harrowing systemic risk
Economies where the majority of the derived demand is based on domestic commercial activity, might find currency price reduction as a harrowing systemic risk
The first thing that an IMF Program desires from its client states is that they should devalue or assist market-based depreciation of their nominal exchange rate.
In this way, the economy can instil a shock by means of which macroeconomic adjustment will take place!
Reducing CAD
In this way, the economy can instil a shock by means of which macroeconomic adjustment will take place!
Reducing CAD
All client states that borrow to finance the balance of payments gap, working under the IMF Program, lose their economic sovereignty and turn into satellite states.
The International Political Economy of the IMF Structural Adjustment Program needs understanding.
These are tools
The International Political Economy of the IMF Structural Adjustment Program needs understanding.
These are tools
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The #deficit #myth #deficitmyth by @StephanieKelton #MMT modern monetary theory
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 2: #deficit is evidence of #overspending
#RealityCheck: look to #inflation for evidence of over spending
#RealityCheck: look to #inflation for evidence of over spending
The purpose of #taxes is not to pay for #government expenditures but to help rebalancing the #wealth distribution #MMT
Let’s dive into #manufacturing and understand how #Pakistan has lagged its #Asian peers in #industrialization, how stagnant growth turned to a decline even #precovid and how #financing has been unable to encourage #investments in the sector macropakistani.com/2020/07/manufa… (1/n)
#Industrial value add per worker in Pakistan has seen minor improvements in the last 25 years. While it changed by 12% for Pak, it changed by 512% for #China. Unfair comparison so not even on the chart but #India has doubled its #Productivity too… (2/n)
What’s worse is that post 2018, manufacturing in Pakistan has been on the decline, specifically Large Scale Manufacturing which makes up the bulk. Major reasons cited are PKR #devaluation, rising #energy costs and higher #taxes... (3/n)
🇺🇸 🇨🇳 Phase One #Trade Deal: Chinese Commitments
1/ To purchase at least an additional $200 billion in U.S. exports over the next 2 years (base: 2017).
2/ To do more to crack down on the theft of American technology and corporate secrets by its companies and state entities.
1/ To purchase at least an additional $200 billion in U.S. exports over the next 2 years (base: 2017).
2/ To do more to crack down on the theft of American technology and corporate secrets by its companies and state entities.
3/ To avoid currency manipulation.
4/ To bring forward the planned opening of its capital market.
5/ To set up a system to resolve conflicts over drug patents.
6/ To endorse an enforcement system.
4/ To bring forward the planned opening of its capital market.
5/ To set up a system to resolve conflicts over drug patents.
6/ To endorse an enforcement system.
🇺🇸 🇨🇳 Phase One #Trade Deal: Full Texts En/Cn
➡ #China’s Ministry of Finance published both English and Chinese versions of the text - Statement
*Link (Chinese): bit.ly/3aivKcX
➡ #China’s Ministry of Finance published both English and Chinese versions of the text - Statement
*Link (Chinese): bit.ly/3aivKcX
