…Chinese exports. This might be the real reason why China is so reticent to revalue its currency. The Americans might go crazy if the Chinese devalue, but if the inflation…

The New Yorker gives us a small look into policy in china other than the currency peg: The Problem Statement U.S. manufacturing’s competitive status is increasingly challenged by other economies….

…create jobs. That is why countries whose currency is being used as a reserve, and exporting T-bills rather than goods, often face an insufficiency of aggregate demand.” Now, if this…

…the talk about China, its currency, and the question of the Chinese “financing the U.S. deficit”, the media always forgets about Japan! From the FT: One of the largest buyers…

…in my car, but there was very little magical about it. We could go on. A tourist in a foreign country has a whole new set of needed Gizmos. Currency…

…reserve currency is another. Sentiment on this critical issue is very fickle, when it goes, it causes problems. There are a host of other issues including America’s cronic current account…

…sorts of data from the IMF here). The data are measured in PPP international dollars, which is intended to normalize for currency effects in a period. Well, it’s pretty clear…

Via alea‘s Twitter feed, the Office of the Comptroller of the Currency—the people who were specifically selected by the company to regulate AIG—has launched a Financial Literacy campaign. (Full disclosure:…

…Sheila Bair, John C. Dugan (Comptroller of the Currency), Daniel K. Tarullo (Governor, Board of Governors of the Federal Reserve System), John E. Bowman (Acting Director, Office of Thrift Supervision),…

…terms was unchanged. Alternatively, it could mean that spending in the domestic currency was unchanged and the exchange rate used to calculate it in PPP terms changed by 9.6%. Because…