Tag Archives: devalue

Why do countries devalue their currencies? – Tell me why

http://www.youtube.com/v/ZioqjX3obZQ?fs=1

What is currency devaluation and what does it mean? And why do countries, by their own wish, devalue their currencies? Find out why countries devalue their currency in this short animated video.

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Sources and further readings:
https://www.quora.com/How-do-countries-devalue-currency/answer/Balaji-Viswanathan-2

Background music:
Kevin Macleod

http://www.youtube.com/v/Dj-2ZJT5dY4?fs=1

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