Sunday, November 25, 2007

Can China Dump the Dollar?

I recently read an interview in the Washington Post with Brad W. Setser, the Council on Foreign Relation’s currency expert. One of answers he gave was pretty revealing in terms of what China can and cannot do. First, here is a little background he gives on why China and other export-driven emerging economies do not want currency appreciation against the dollar....

read more Can China Dump the Dollar?

No comments: