Currency War?
February 12, 2013 at 10:01 AM EST
“Currency War” is the latest hot title. It’s now on the front pages, triggered by the policy change in Japan. In only two months the Japanese yen has weakened about 15% against the US dollar. Let’s reflect on this important development. First, a simple case study. Suppose there were just two countries and just two [...] View the full post at: Currency War? Related posts: U.S. Dollar as a Reserve Currency: Apres le Deluge Where is the U.S. Currency? U.S. Corporations: Hurt by Currency Fluctuations