02.06.2016 - Is China The World's Biggest Currency Manipulator? No, The U.S. Is
The bankruptcy of economic policy was on display with the U.S. Treasury’s recent release of its “watch list” of potential currency manipulators. Conspicuously absent was the biggest manipulator of the 21st century: Uncle Sam himself. Washington’s decision in the early part of the last decade to “gradually” weaken the dollar to stimulate the economy and boost exports led to the economic disaster of 2007–09, which, in turn, led to the disastrous election of Barack Obama. Countries that are fooling around with their money are only following our dreadful example...............................................Full Article: Source
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