Currency Devaluation

Stiglitz To Obama: The Fed's Latest Move Will Hurt Other Nations

WSJ | Alex Frangos | Posted 05.25.2011

Read More: Currency Manipulation, Joseph Stiglitz, Joseph Stiglitz News, Weak Dollar, Fed, Fed QE2, Federal Reserve, Weak Dollar Policy, Currency Devaluation, Business News

Nobel Prize-winning economist Joseph Stiglitz, dismissing the Federal Reserve's quantitative easing as a "beggar-thy-neighbor" strategy of currency de...

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G20 Leaders Must Renew Their Commitment to Global Development

Kofi Annan | Posted 05.25.2011

Read More: G8, South Korea, G77, g20, United Nations, Trade War, Currency Devaluation, World News
Kofi Annan

It is my profound hope that the principles of fairness, balance and the common good which have become so popular with G20 leaders lately will inform today's summit in South Korea. Unfortunately, the signs are decidedly mixed.

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Dan Froomkin

Job-Creation Idea No. 10: A Lower Dollar Would Level The Playing Field

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011

Read More: America Needs Jobs, Dollar, Exports, Tariffs, 20 Jobs Ideas, Currency Devaluation, Business News

(No. 10 in Huffington Post's America Needs Jobs series.) With the Federal Reserve indicating that it's ready to print more money to keep interest rat...

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Been Down So Long ...

Robert Zevin | Posted 05.25.2011

Read More: Global Economy, Currency Devaluation, Income Inequality, US Economy, Economy, Business News
Robert Zevin

The purchasing power of the U.S. median family income has barely increased since 1973.

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Obama's Biggest Giveaway to Wall Street -- Chinese Currency

Mike Elk | Posted 05.25.2011

Read More: Currency, Bubble, Barack Obama, China, Currency Manipulation, Currency Devaluation, Politics News
Mike Elk

Jim O'Neil, the chief economist of Goldman Sachs penned an op-ed in the Financial Times last week claiming that China wasn't manipulating their currency. How can this be possible?

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Bring Back the Drachma

Jeffrey Rubin | Posted 05.25.2011

Read More: Oil Prices, Portugal, Greek Debt Crisis, Greek Bailout, Currency Devaluation, Euro, Greece, Business News
Jeffrey Rubin

It took two tries, but I finally got past the ash cloud and made it to Lisbon to promote the Portuguese edition of my book (Porque E Que o Seu Mundo V...

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Here Comes the Screw Job

Garrett Johnson | Posted 05.25.2011

Read More: Foreign Debt, Federal Deficit, 401k, Labor Department, Argentina, Privatization, Banks, Financial Crisis, China, Currency Devaluation, Business News
Garrett Johnson

The proposed reform involves rolling people's 401(k) savings into directed distribution plans unless they elect not to participate. This probably sounds like a reasonable idea until you dig beneath the surface.

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