Monday, November 08, 2010

Currency War?

``Zoellick's suggestion that gold be used as an international reference point of market expectations for price pressures and future currency values comes in the middle of a virtual international currency war.''

NYT

Last week announcement by the US of several hundred thousand million dollars issued, is worrying me.

Are we in a currency war?

LATimes

Newsweek

November 12, 2010 Global Post

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