When a population saves a lot, the funds are invested outside the country as well as inside. If the Japanese invest in the United States, it pushes their exchange rate down and makes their manufacturing more competitive.

Quote by
APA Style Citation
Evan Davis Quotes. (n.d.). 9quotes.com. Retrieved 18 September, 2019, from 9quotes.com Web site: http://www.9quotes.com/quote/evan-davis-237355 
Chicago Style Citation 
Evan Davis Quotes. 9quotes.com, 2018. http://www.9quotes.com/quote/evan-davis-237355, accessed 18 September, 2019. 
MLA Style Citation
"Evan Davis Quotes." 9quotes.com, 2018. 18 September, 2019. http://www.9quotes.com/quote/evan-davis-237355 
9quotes Menu
Join our feeds to automatically receive the latest headlines, news, and information formatted for your club's website or news reader.

Social connect: