¿Qué es una devaluación?

In this video, I explain what devaluation is and why, under certain circumstances, both orthodox and liberal economists may oppose it, while under others they may support it. 00:29 Introduction 1:15 The exchange rate 2:15 The free or flexible exchange rate 3:10 The fixed exchange rate 4:13 Advantages of a fixed exchange rate 4:52 How is a “devaluation” defined? 5:46 The theory of “competitive devaluation” 7:28 Criticisms of competitive devaluation 9:31 Convertibility and its abandonment in early 2002. 12:29 The end of currency controls in December 2015 --------------- ⭐️ ☕: https://cafecito.app/ivancarrino ⭐️ TW:   / ivancarrino   ⭐️ FB:   / carrinoivan   ⭐️ IG:   / ivan.carrino   ⭐️ 🌐: https://ivancarrino.com