Mises Daily
Author:
Antony P. Mueller
Online Publish Date:
it is mainly Southeast Asian countries, particularly China, that practice this policy in an informal way. Through this arrangement, these economies in Southeast was the prime risk factor for currency speculators, a restrictive monetary policy with higher interest rates in the revaluation candidate would attract even well in place for the United States: unrivalled military might, a booming and innovative economy, and the status of undisputed issuer of global currency. The US