I imagine it would be better for an economy that does huge amounts of exporting ... | Hacker News

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		thehappypm on Aug 22, 2022 \| parent \| context \| favorite \| on: Euro falls below parity with the dollar I imagine it would be better for an economy that does huge amounts of exporting compared to importing (like China). Europe does a ton of importing so that side of it sucks.

lkrubner on Aug 22, 2022 [–]

A currency depreciation naturally leads to a reduction in imports, since the imports become more expensive.

thehappypm on Aug 23, 2022 | [–]

But it’s also a problem when your export to rely on imports

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