currency


Dave Johnson's picture

China's American Enablers

By Dave Johnson
March 16, 2010

China argues that some American companies will suffer if China stops subsidizing manufacturing and adjusts their currency to market levels. They're right. more »

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Dave Johnson's picture

Chinese Currency Showdown

By Dave Johnson
March 15, 2010

China is holding down the value of its currency, which means goods made there cost less everywhere else. This undercuts American companies that make things, so they close factories here and buy from there. This costs us jobs, forces down our wages and savings rate, and forces the country to borrow heavily. This imbalance has built up to a breaking point. more »

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Dave Johnson's picture

China's Currency: Pushing Water Uphill

By Dave Johnson
December 29, 2009

Paul Krugman says Dean Baker is right, more »

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Dave Johnson's picture

The One Thing That Will Help Restore U.S.-China Trade Balance

By Dave Johnson
November 19, 2009

Have you heard of the U.S.-China Economic and Security Review Commission? Their job is to assess the national security implications of the trade and economic relationship between the United States and the People's Republic of China. Actually, that’s a big deal, especially now. more »

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Eric Lotke's picture

What Chinese Currency Manipulation Looks Like

By Eric Lotke
November 12, 2009

As President Obama packs for China, I thought I’d draw him a picture of how China is manipulating its currency.
Yuan_manipulation_CAFw.jpg

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Dave Johnson's picture

Palin vs Krugman On The Dollar -- Who Is Right?

By Dave Johnson
October 23, 2009

The other day I wrote about how the dollar is falling - but not against the Chinese Yuan. A falling, or "weak" dollar is great for American manufacturers, and therefore American jobs, because it makes American goods cost less everywhere else. more »

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Dollar Weak? Not Against Yuan!

By Dave Johnson
October 21, 2009

Conservatives are blasting President Obama, saying he is causing a "weak" dollar. The Drudge Report has a headline or a story pretty much every day blasting this message out. Republican e-mails warn that the dollar is "collapsing" under Obama. Blogs and talk show hosts declare that civilization will cease, urging listeners to buy as much gold as they can. more »

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Michael Kwiatkowski's picture

U.S. Debt Holders Looking to Abandon Dollar As Reserve Currency

By Michael Kwiatkowski
October 11, 2009

Thanks to 'counterspin' at Open Left for posting this.

A number of countries, many if not most of them holders of U.S. debt, are seeking to create a "basket" of reserve currencies, thus severely weakening the U.S. dollar by taking away its status as the world sole reserve currency. more »

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Dave Johnson's picture

China Is Being Smart On Trade. Will We?

By Dave Johnson
August 18, 2009

China is rising up and seizing the world’s means of production. Wall Street is selling China the rope with which it is hanging us.

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