Geithner Is Exactly Wrong on China Trade - 01.26.09 - by Bret Swanson

 
 
 
 
 

by JBSay

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The dollar-yuan link was a great victory for world trade and global growth. The U.S. crisis arose not from our trade deficit with China or a global "savings glut" but an easy-money weak-dollar policy of the Federal Reserve and U.S. Treasury.

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01/26/2009
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