Now.
It is the credit currency era.
Yes!
Thailand can turn on the printing press, but the result will be disastrous because it will inevitably lead to the devaluation of the Thai Baht, mainly due to financial freedom.
Any policy involving the Thai Baht can affect the exchange rate.
However.
The Asia Dollar is different.
Myanmar implements financial controls, and the inflow and outflow of the Asia Dollar are strictly regulated. It won't be like when the Asia Dollar starts printing money, the international exchange rate fluctuates.
The exchange rate remains stable, and after squeezing out any excess liquidity,
it appreciates.
It depreciates.
It's entirely up to their discretion.
And this.
Is one of the benefits of financial control, something Thailand cannot replicate. Thinking about this, Wangsa sighed. Financial liberalization has its pros and cons.
For Thailand.
There is only envy.
...
They were strolling.
Soon.
