
- UID
- 223440
- 帖子
- 306
- 主题
- 14
- 注册时间
- 2011-7-11
- 最后登录
- 2014-8-6
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Demand for risk free assets stays the same, supply of risk free assets goes down (government borrows less), yields go down. Low yeilds -> decreased demand for currency -> currency depreciates (holding inflation constant in both countries). |
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