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US in 'Currency Wars'? Bernanke Doesn't Think So | |
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October 15, 2012 Currency Wars is the term coined by Brazilian finance minister Guido Mantega to describe what he saw as the dangerous ramifications of ultra-loose U.S. monetary policy. Mantega (and others) believe that the U.S. is debasing its currency, causing money to rush into emerging market currencies, threatening their ability to compete, and stoking inflation. Source: http://www.cnbc.com/id/49417567?__source=RSS*tag*&par=RSS |
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