Friday, November 7, 2014

Currency Wars: Exchange Intervention in a Floating World

Macroeconomics Presentation: In order to expedite recovery from the 2008 economic crisis, countries are devaluing their currency to make their exports more affordable and competitive. This paradoxical 'fight to be weak' has escalated into currency wars, which have potential to develop into trade wars and stifle world-wide economic growth. This video addresses three currency war cases in Switzerland, Brazil and China, and defines related macroeconomic factors.





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