(08-20-2019, 08:32 PM)EricC85 Wrote: I don' t understand why a country would devalue their currency. I know there's some economic answer it just baffles me, how is making your currency less valuable an advantage?

It means that your stuff gets cheaper for other countries to buy, but stuff that you get from other countries gets more expensive for you.
This seems bad for average people, but, from a government planning perspective, your workers get busier, but you don't have to rely on those same workers to buy the stuff they're making. 
There are other reasons to do it. One could be that the government, or people who influence the government, are deeply in debt.
For the average Joe on the street, prices for things that are produced and consumed locally stay the same, but prices for things that have a large import/export market go up. The average Joe also will be steered towards purchasing things that are produced domestically.

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