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The repeatedly disproved theory in operation here is that cheapening your currency will improve your trade balance and that an improved trade balance makes your economy stronger and wealthier.
FORBES: Bush's Big Boo-Boo
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Estrada dismisses the allegations as "desperation on the part of the administration" and counters with his own conspiracy theory that he is the target of a murder plot called Operation Jupiter.
CNN: IS ESTRADA UNSTOPPABLE?
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One theory is that it was part of a pump and dump stock operation.
FORBES: The Great Google Takeover Fake Press Release