exchange rates

Zoellick’s confusing FT op-ed

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Writing in the Financial Times, World Bank President Robert Zoellick argues for greater economic coordination among the G20 nations.  It was not clear from his op-ed exactly how coordinated a system he envisions.  On the one hand, he calls for a monetary system to succeed Bretton Woods, implying a system of fixed exchange rates (and … Read more

Sailing to a stronger economy on the QE2

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One of the nice things I have discovered about doing jury duty is that when it is all over, the judge usually comes in to thank the jurors for their service (or for coming down to the courthouse, if they don’t end up on a jury).  When the judge discovered that I am an economist … Read more