-
Trump Says China Isn't, Treasury Says No One Is A Currency Manipulator
For years now a certain section of the public has been screaming that China and various other nations are currency manipulators. By which they mean that those other countries have been pushing down the value of their own currency. This makes their exports to the US cheaper which means that Americans buy more of them. Those doing the screaming are usually those losing cushy numbers as a result of this competition. The correct response to all of this is to do absolutely nothing of course, for cheaper imports make Americans richer. But over and above that there's no real evidence that these various countries are in fact ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 15, 2017 11:59pm Apr 15, 2017 11:59pm
- Ken A
- Joined Jun 2012 | Status: ケンジ | 840 Comments
- Comment #2
- Quote
- Apr 16, 2017 10:42am Apr 16, 2017 10:42am
- livingfinanc
- | Joined Nov 2015 | Status: Member | 13 Comments
- Comment #3
- Quote
- Apr 17, 2017 8:46am Apr 17, 2017 8:46am
- mbefus
- | Joined Jan 2012 | Status: Member | 73 Comments