Floating the pound not only cheapened british exports ; more importantly , it allowed the bank of england to pursue a monetary policy focused on domestic needs .
But whatever you think about the impact of blogging on political , scientific or religious debate , it is hard to argue that the internet has cheapened the global conversation about economics .
We are in this mess because our financial system has artificially cheapened credit for too long . These ' experts ' tell us the solution is to cheapen credit further and ever more aggressively .