Depreciation and the Currency Wars

Business & Finance, Economics, Foreign Exchange, International Economics, Theory of Economics
Cover of the book Depreciation and the Currency Wars by Hak Choi, Hak Choi
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Author: Hak Choi ISBN: 1230001998405
Publisher: Hak Choi Publication: November 10, 2017
Imprint: Language: English
Author: Hak Choi
ISBN: 1230001998405
Publisher: Hak Choi
Publication: November 10, 2017
Imprint:
Language: English

What is currency war? It is the use of depreciation to fight the trade war, in order to capture foreign reserves. But why are backward countries remain backward, though they have been depreciating all the time. This book will prove that wielding the depreciation weapon to fight the war is futile.

Apart from being futile, this book will also prove that currency war inflicts famine and death, and that the infliction by currency crises is particularly devastating.

So, who have raged such wars? Speculators? Capitalists? This book will single out the true culprits and their abettors.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

What is currency war? It is the use of depreciation to fight the trade war, in order to capture foreign reserves. But why are backward countries remain backward, though they have been depreciating all the time. This book will prove that wielding the depreciation weapon to fight the war is futile.

Apart from being futile, this book will also prove that currency war inflicts famine and death, and that the infliction by currency crises is particularly devastating.

So, who have raged such wars? Speculators? Capitalists? This book will single out the true culprits and their abettors.

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