Tags » Currency Manipulation

TPP & Currency Manipulation

In a recent Reuters online article, “Japan says TPP is not a place to negotiate currencies” http://www.reuters.com/article/2015/07/31/japan-economy-aso-idUSL3N10B06Y20150731, dated July 31st, 2015, Japanese Finance Minister Taro Aso made it clear that there would be no talks of manipulating currency rates in the TPP negotiations. 44 more words

TPP (Trans Pacific Partnership)

Economic Prejudice and High-Minded Sloganeering

In a post yesterday commenting on Paul Krugman’s takedown of a silly and ignorant piece of writing about monetary policy by William Cohan, Scott Sumner expressed his annoyance at the level of ignorance displayed people writing for supposedly elite publications like the… 719 more words

Scott Sumner

China's dangerous currency manipulation

I am surprised at John Mauldin’s view in his latest newsletter Playing the Chinese Trump Card:

….This whole myth that China has purposely kept their currency undervalued needs to be completely excised from the economic discussion.

653 more words
US & Canada

Japan’s finance minister warns China on yuan depreciation

Japanese Finance Minister Taro Aso on Friday lashed out at China by saying that if the recent yuan devaluation is the beginning of frequent currency manipulation then Tokyo is going to have to take action.

103 more words

What China's currency devaluation means for the world's trade deals

With the sudden depreciation of China’s renminbi, it’s worth looking at the link between currency values and trade agreements. China’s currency last week dropped by a cumulative 4.4% against the U.S. 626 more words


Currency Manipulation and its Distortion of Free Trade | A B Laffer

Extract from Arthur B. Laffer’s paper on currency manipulation:

….Successful currency manipulation inhibits the exchange rate from acting as an automatic stabilizer to macroeconomic events, and thereby leads to growth and trade imbalances.

419 more words
US & Canada