Devalue currency to help exports? Not so fast.

What I've been saying for quite some time! It's time that policy-makers learn this! Devaluing the currency to boost exports will make imports more costly and cause inflation at home. To export is to import. That's the only reason for exporting. Why do you want to export more just for the sake of it? Are you a slave who produces goods and give them away to other nations? You want to export as little as possible such that your exports can pay for as much imports as possible. This is basic trade that most analysts have forgotten. Sure, some exporters gain, but it comes at the expense of importers and ordinary folks due to inflation. This is just merely a transfer of wealth from the population to those few exporters. http://sg.finance.yahoo.com/news/japan-posts-record-112b-trade-005736869.html