They're not playing fair.
The slowdown in China is hammering the Australian economy.
The biggest meme. Debunked.
see lots of people discussing how “successful” Japan’s strategic decimation of the Yen has been so far. They mainly just cite the Nikkei’s enormous rally as “proof” that all’s well that begins well. Of course, that’s not always the case when you’re using a nominal wealth metric to describe how […]
Listen to Mario Draghi, the head of the ECB, when he talks about the so-called “Currency Wars” AKA, the idea that countries are engaging in competitive currency devaluations for the purpose of boosting their exports.
[credit provider=”Reuters”] MOSCOW (Reuters) – The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy.Japan’s expansive policies, which have driven down the yen, escaped direct criticism in […]
Within the last 24 hours, G-7 officials issued a currency statement, “clarified” it and then criticised the clarification! Here, in summary terms, are three possible reasons for this muddle, as well as what it may mean for investors.
Japan’s monetary easing is the talk of financial markets, and everyone’s talking about a currency war.
[credit provider=”Wikimedia Commons”] There’s been lots of chatter about currency wars. This is the idea that central banks around the world will do whatever they can to weaken their local currency against others in an effort to make their exports more competitive.Last week, Morgan Stanley’s Manoj Pradhan warned that Japan […]
“Anyone who does not understand that the price of every stock and every bond is being artificially altered by the fact that interest rates are being manipulated by the Federal Reserve should not be risking any money in the markets.”—Michael Lewitt, The Credit Strategist
Microsoft chairman Bill Gates was on Fareed Zakaria’s show on CNN this weekend, and he had an interesting explanation for why businesses aren’t spending more.
[credit provider=”CNBC” url=”http://video.cnbc.com/gallery/?video=3000072839″] In the wake of the financial crisis, some have warned that the world was headed for a currency war as global central banks unleash easy monetary policy in their efforts to weaken their local currencies. The intention behind such actions is to boost exports and in turn […]
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:1000_yen_banknote_2004.jpg”] The ‘currency wars’ meme continues to spread.To refresh, what this phrase means is countries are trying to weaken their currencies to boost exports.
[credit provider=”en.wikipedia.org” url=”http://en.wikipedia.org/wiki/File:LineartPresRev.png”] (This is a summary of my views on “currency wars” that was the topic of the recent panel discussion at SIBOS in which I participated)A standard ploy of magicians and politicians is called misdirection. The audience is distracted from the real movement by a feint. “Currency war,” […]
[credit provider=”mitbbsnews2 via flickr” url=”http://www.flickr.com/photos/[email protected]
/5176534629/”] China, which has kicked off its once-in-a-generation leadership transition, played a starring role in the U.S. election amidst frequent charges of currency manipulation.Romney’s defeat means we have been spared a potential currency war with China, which experts say would cost Americans both jobs and income.
[credit provider=”AP”] Currency Wars is the term coined by Brazilian finance minister Guido Mantega to describe what he saw as the dangerous ramifications of ultra-loose US monetary policy. Mantega (and others) believe that the US is debasing its currency, causing money to rush into emerging market currencies, threatening their ability […]
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