La Guaneña
9th June 2012, 22:40
I've noticed that in this last crisis, after the massive bailouts the economy of the rich countries was really "saturated", which causes inflation, right?
And right after that, I noticed some of the national currencies lose some value in confrontation with the dolar and the euro's gain of value. At first it seems that it is a good thing for the smaller, developing countries, but I noticed how it just seems that the rich countries are just "dumping" the surplus into other countries to escape inflation.
Is this thought correct? Sorry for the shitty use of english and the simplist thought, economy is my weakest point ever.
Also, any reading suggestions on imperialism, international trade and so on "for dummies"?
And right after that, I noticed some of the national currencies lose some value in confrontation with the dolar and the euro's gain of value. At first it seems that it is a good thing for the smaller, developing countries, but I noticed how it just seems that the rich countries are just "dumping" the surplus into other countries to escape inflation.
Is this thought correct? Sorry for the shitty use of english and the simplist thought, economy is my weakest point ever.
Also, any reading suggestions on imperialism, international trade and so on "for dummies"?