Currency wars

posted by
January 31, 2012
Ludwig von Mises Institute
by Doug French  
Posted in Commentary

"The talk is all about jobs, jobs, jobs in Washington and on the campaign trail as the unemployment rate continues to be elevated and long-term unemployment is higher than ever. Since getting government out of the way isn't an option, late last year congressional leaders decided to turn up the volume while crying that American workers are being damaged by China's undervalued currency -- the renminbi (or yuan)." (01/31/12)  

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