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Minerd: Return to Bretton Woods? | |
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October 09, 2012 Central banks are once again tacitly pegging their currencies to the dollar. As the U.S. is expanding its monetary base through quantitative easing (QE), other countries have few options but to join this race to the bottom to maintain export competitiveness. This will not carry on indefinitely. Source: http://www.cnbc.com/id/49329836?__source=RSS*tag*&par=RSS |
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