Want to lower unemployment? Don't monetize bonds, Paul Tudor Jones says; take care of the "gross...

|By:, SA News Editor

Want to lower unemployment? Don't monetize bonds, Paul Tudor Jones says; take care of the "gross misalignment" between the renminbi and the dollar. In a letter to investors, he says the undervalued yuan has cost millions of U.S. jobs in "the most unsustainable economic imbalance in the world today."