Post
Topic
Board Economics
Re: How to strengthen a country's currency?
by
Swordsoffreedom
on 20/06/2014, 23:43:36 UTC
I would really like to know the best way to strengthen a country's currency.
Increase in it's import or export?
Please share some good ideas.

Strong development of the infrastructure so that goods and services can move efficiently then develop a mining industry or forestry industry to acquire resources.

Followed by a movement towards high labor intensive goods if they have a large population to utilize
If not specialization is needed in an industry they can compete in and get cheap resources for.

To strengthen a currency the fundamentals of the economy need to be solid, not just a printing of more currency and debt to holders.