ALG's Daily Grind - Do exchange rates matter?

6

August 7, 2014

Permission to republish original opeds and cartoons granted. 

Cartoon: Silver lining
Obama approval rating drops to record lows. 

Why exchange rates matter to trade
Can there be free trade with floating exchange rates or undervalued exchange rates pegged to the dollar?

Smith: Substituting debt for income is not success, it's failure on an epic scale
"The Fed's substitution of debt for income has only doomed the nation to a deeper, more painful realignment of real income and expenses."

  

August 7, 2014

Permission to republish original opeds and cartoons granted.

Cartoon: Silver lining
Obama approval rating drops to record lows.

Why exchange rates matter to trade
Can there be free trade with floating exchange rates or undervalued exchange rates pegged to the dollar?

Smith: Substituting debt for income is not success, it's failure on an epic scale
"The Fed's substitution of debt for income has only doomed the nation to a deeper, more painful realignment of real income and expenses."