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What is devaluation?

What is devaluation? Devaluation




What is devaluation?
Devaluation - Eng. Devaluation - the reduction in foreign exchange value of money, with obziroma the value of gold and value of other currencies. This legitimizes the existing inflation.
Comes to more expensive foreign products and domestic services. This increases the inflow of foreign exchange fixing the state deficit.
psychology indicates over-attributing negative characteristics to others and yourself.




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