2012-05-09usnews.com

``It is true that China manipulates the exchange value of its currency--all countries do. Exchange rates are just another policy tool like interest rates, tax rates, and tariffs. But there is no greater or more persistent currency manipulator in the world than the United States. The U.S. policy of money printing by the Federal Reserve is best understood as a thinly veiled way to cheapen the dollar.''



Comments: Be the first to add a comment

add a comment | go to forum thread