14.07.2016 - Britain wins currency wars with one vote: Ex-Fed's Fisher
The United Kingdom vote to leave the European Union served to devalue the pound at a time when many world powers have been spending trillions to weaken their currencies to give them an advantage on trade, former Dallas Fed President Richard Fisher said Wednesday. "The British were able to achieve what [European Central Bank President Mario Draghi] and everyone else have been trying to achieve through just incredible quantitative easing. They devalued their currency," Fisher said..............................................Full Article: Source
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