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Eswar PrasadWashington Post |
The U.S. is bolstering the yen, as it did with the Argentine peso. The reasons are not solely economic.
The Iran war is just the latest setback in the past several years to low-income and lower-middle-income countries.
The End of the Dream of Economic Integration
The currency is stumbling, by many accounts. But the narrative is false.
China has announced a more than trillion-dollar trade surplus that poses a greater danger to world commerce than Trump’s tariffs.
Consumers and businesses will lose out, thanks to other Trump economic policies.
Why America’s Currency Can Survive Trump’s Wrecking Ball
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