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Yen-Shyang Hwang, Taipei; Joseph Tsai, DIGITIMES Asia
Tuesday 19 October 2010
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Posted on Oct 20, 22:05
Yup, that's what Quantitative Easing does. Lowers the value of the currency that's being eased.Posted on Oct 19, 18:21
His main claim (the US is responsible) doesn't make sense to me.The US wouldn't be in this situation today if it didn't run a deficit for so many years.
But it has to be said, net exporters like Taiwan didn't mind while the party lasted.