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No not right, not what I said, we were talking about Japan.
I never said that their are no advantages to exporters when a currency is low.

That's not really true JR is it. In this and a previous thread you have said that it is more advantageous to have a high currency than low. You will not say that in some cases the reverse may be true, in fact you argue when anyone else says it. This implies that you think it is ALWAYS more advantageous to have a high currency than a lower one. Is this the case or not?

So this country has no name & doesn't exist?
I didn't say that. I said it is not necessary to make the name of the country known. It is the circumstances that count, not what it is called.
As to this country having a low currency that you say will have to rise because of longer term economic forces- I'm not disputing that outcome in any way whatsoever. The thing is- that is not the issue. The issue is whether it is of value for that country to have a low currency NOW. Not in 5 years time, not in 10 years time, NOW.
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