The value of a nation's currency is supposed to reflect the strength of its economy. The idea being that as a nation's economic vitality increases, so, too, does the value of its money. But suppose the economies of every major nation are declining at the same time. How do its currencies stack up then?
A Currency Race
To The Bottom
The pound is taking a pounding,
There were much better days for the yen,
The euro is doing so badly,
Even dollars look better again.
These days when currency rating,
You seek one that seems the least rotten,
That's declining a wee bit more slowly,
In this currency race to the bottom
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