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Tag Archives: Bank of England

Currency Tensions Betray An Obsolete Monetary System

“Zero currency war. Okay? That’s very simple.” IMF Managing Director Christine Lagarde was eager to appease journalists during her press briefing following the G20 meeting earlier this month. The prospect of a spiral of competitive devaluations has been the subject of significant political and media attention, making its way to the top of the agendas of regional and international summits ...

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