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Why the threat of a 'currency war' is dead

From fortune.cnn.com

Not long ago, leaders of emerging economies thought the U.S. Federal Reserve's easy money policies aimed at nursing the American economy back to health might also destroy the rest of the world. But as the U.S. economy slowly improves, some countries now worry that the Fed's stimulus may be coming to an end. This not only says a lot about the Fed's biggest experiment in monetary policy since the Great Depression, but it also highlights that no matter what the Fed does, some central bankers won't be happy. Fed Chairman Ben Bernanke shocked markets in May when he said the central bank could slow down its $85 billion ... (full story)

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