Inflation is really a mechanism for the growth of exports. The higher the inflation, the cheaper the cost of production in the country. This of course happens at the expense of people, but it is a fact. Remember what was established by the Chinese economic miracle? The governments of many countries have used the mechanism of inflation to fight with the competitors on the world market.
Hahaha you must be gossiping
how come the production cost could be cheaper? When the raw material and the workforce needed are at a high rate how can one claim that the production cost will be cheap? As many of us are well aware of the market no one will believe what you have said. Or if you have any document evidence I will appreciate it
You seem to have misunderstood something here
Obviously, the poster you replied to refers to costs when compared to the costs which production of the same goods incurs in other countries (more specifically, in the countries where these goods are exported to). If you take this aspect into account, then the claim is totally legit. Devaluation of local currency makes locally produced goods cheaper in terms of currency for which these goods are sold since the costs such as wages are still borne and paid in local currency, i.e. they remain the same. But if they remain the same, then depreciating local currency necessarily makes the exported goods cheaper in the currency of the importing country (provided all other things are equal and remain the same, of course)