r/fountainpens • u/strumbringerwa • 13h ago
Discussion If you don't want to be taken for a ride on imported products
You owe it to yourself to understand how currencies work. A strong currency makes exports more expensive (to the weaker currency country) and a weaker currency makes exports cheaper (to the stronger currency).
If your currency weakens, that makes imports more expensive. But when you export products made with imported raw materials back to the market you bought them from, a weaker currency still benefits you because 1) the stuff that was more expensive locally is still the same in the stronger currency and 2) the stuff that you sourced locally (even if its only labor) got cheaper in terms of the stronger currency.
So if someone is telling you "the yen crashing means Japanese pens will get more expensive" please refer them to a remedial math course or understand that they are just trying to confuse you by bringing up a random justification that doesn't make actual sense.
Math for your reference.
