All Commentary
Friday, November 12, 2010

Obama Takes a Shot at Chinese


“President Obama said today that the global economy is on ‘the path to recovery,’ though he assailed one of the world’s largest economies — China — for what he called currency manipulation.” (USA Today)

Our central bank doesn’t manipulate currency; it quantitatively eases.

FEE Timely Classic
“On Trade and Currency Manipulation” by Donald J. Boudreaux