Devaluation of the American dollar entailed devaluation of the currencies of many capitalist countries, but at the same time the currencies of the major capitalist countries—the main trade competitors of the USA-were revaluated. Devaluation often occurs in developing countries, especially those of ...
Germany managed to “engineer” such an increase in competitiveness while it did not manage to do it when it had its own currency. The German Mark, as any of the other large currencies in the world (the US dollar) fluctuated in directions that might not always have been in the interest ...
If you're like us and “earn and burn” frequent flyer miles, you probably don't have a ton of AAdvantage miles lying around anyway. In that case, it can make sense to earn some more AAdvantage miles immediately, with the goal of redeeming them before the devaluation. I recommend check...