Comments on: Central bankers still keen to talk their currencies lower https://fxww.com/central-bankers-still-keen-talk-currencies-lower/ The Professional Source Sun, 25 May 2014 23:35:26 +0000 hourly 1 By: James Benjamin https://fxww.com/central-bankers-still-keen-talk-currencies-lower/#comment-54711 Sun, 25 May 2014 23:35:26 +0000 http://381c099c8f.nxcli.net/?p=12633#comment-54711 Surely there is only one currency, gold.

Weaker currencies are one solution to reducing the debt burden of borrowers (which is Western governments and their (aging) taxpayers)

In the bigger picture a persistently weak currency is not consistent with stable long term interest rates. And stronger currencies are not likely to improve debt serviceability leading to asset sales to deleverage.

Minsky moments loom everywhere!

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