The Currency Wars: Now US Automakers Are Squealing

From Testosterone Pit
January 18, 2013 - 7:42pm

Japan’s LDP went all out last year to re-grab power. Its platform: print and borrow with utter abandon to create asset bubbles and inflation, and to demolish the yen. Phenomenally successful! So far. But now, US automakers are squealing; they want President Obama to fight back—though the US has been printing and borrowing with utter abandon for years.


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