(Bloomberg Opinion) -- What a difference a decade makes. Back in September 2010, Guido Mantega, Brazil’s then-finance minister, was complaining bitterly about “currency wars,” and claiming the Federal ...
The latest hot topic among economic talking heads is the coming currency war. According to conventional wisdom, there’s a risk that major countries will – simultaneously – try to revive their sluggish ...
(Bloomberg Opinion) -- To President Donald Trump, and any other Group of 20 chief thinking about waging a currency war: It’s basically impossible to win. That's partly because they don't really happen ...
There is a problem with currency depreciation, however: It is a zero-sum game. Whereas lowering interest rates can be done simultaneously to everyone’s benefit, getting your currency to fall has only ...
We’ve seen much speculation in the past month about Facebook’s impending virtual currency tests. Its initial forays will be, by all accounts, relatively simple and small. But it’s the potential of ...
Even as the high-profile spat between the United States and China over the too-cheap Chinese currency gets much press coverage, currency wars are brewing all over the place. And how these battles ...
Some 53 percent of Americans now say they don’t much like free trade, compared with 32 percent a decade ago. In part that is due to unhappiness with the jobs situation. Today’s jobs report might have ...
Since the beginning of the recent global economic crisis, G20 economies have combined fiscal austerity measures with expansionary monetary policy, and the austerity measures have made quantitative ...
Get ready for monetary easing 3.0. That was the takeaway from Fed chair Ben Bernanke’s speech in Minneapolis today. Bernanke didn’t indicate what form easing might take. But any of the options on ...
LONDON, Dec 4 (Reuters) - Financial markets' euphoric reaction to the recent COVID-19 vaccine breakthroughs and U.S. election results is pushing some currencies up so fast that rumblings have begun ...
As finance ministers and central bankers from around the world arrive in Washington D.C. for the fall meetings of the International Monetary Fund, there are rumors of a currency war. David Wessel, ...
The year is 2030, and you need to buy some new sunglasses. You browse through your options online. You use augmented reality to try on a few pairs, you find one you like, and now it’s time to pay.