Grossly overvalued shares in these companies provided a fictitious tax base from employee stock options and capital gains. |
He argued that this situation came about because the fixed exchange rates overvalued the European currencies and undervalued the dollar. |
During the 1920s, the British Pound was overvalued and was used by smaller countries as a reserve currency. |
While Boomers are anxious about their shrunken retirement savings and how to unload their overvalued house, Gen X has other concerns. |
Trade barriers and overvalued exchange rates encourage imports and discourage exports. |
But if this introspective process ensures companies are not overvalued in the market, then it perhaps creates better stability in the long term. |