The US won the global currency war against Europe and Japan: Their retaliation likely helped elect Trump
The United States financial community, lax regulations and the Fed started a global currency war in 2002. The inadvertent cheapening of the US dollar was a by-product of what became the US subprime lending crisis and the financial collapse in 2008. From 2002-2008, the Fed created so much liquidity t...
Main Authors: | Stephen P. Magee, Hua Chen |
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Format: | Article |
Language: | English |
Published: |
Academy of Business & Retail Management
2017-11-01
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Series: | International Journal of Business & Economic Development |
Subjects: | |
Online Access: | http://ijbed.org/admin/content/pdf/content_56787_17-11-28-10-29-48.pdf |
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