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Forex intervention by foreign countries has cost the U.S. 1-5M jobs over the past few years, a...
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Friday, January 4, 3:32 AM ETForex intervention by foreign countries has cost the U.S. 1-5M jobs over the past few years, a report from the Peterson Institute for International Economics says. The biggest sinner, so to speak, is China, which held $3.3T of reserves by the end of 2011. Critics might point out that the Fed does its own spot of manipulation by cranking up the money printing presses.
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