What determines currency exchange rates? While “experts” present a number of theories such as trade balance, the most important factor is the purchasing power of the currencies in question.
Breaking
- The Top is Confirmed and Now It’s Just a Matter of How Low We Go
- ‘If they close, they close’: Education Secretary brushes off private schools’ fate while praising Trump’s war plan
- The Human Trend
- The United States Needs a Spending Chainsaw
- Why the Bureaucracy Keeps Getting Bigger
- Just War and Lost Cause Mythology
- Revisiting James Burnham
- A Reader Describes the Realities of Work as a Defense Contractor
