Stories >> Economics
Charles Calomiris: Nonsensical Accusations of Protectionism through Currency Manipulation
Attacks on free trade these days frequently take the form of accusations about "currency manipulation." According to Senator Chuck Schumer, countries like China, which buy and sell their currency in the market to control the rate at which their currency is exchanged for dollars, purposely cause their currencies to be undervalued in order to
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Posted: May 19, 2015 Tuesday 11:10 PM