“Exchange rate is not a policy target, but it is important for growth…” – Mario Draghi
(click here if video is not observable)
“Exchange rate is not a policy target, but it is important for growth…” – Mario Draghi
(click here if video is not observable)
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
Email subscribers should always click the website version as many times the original post is edited and updated. Thank you.
Everybody is getting on in the race to the bottom. Sadly,with no concerns as to the outcome.
Totally agree, KS… Here is an interesting take:
http://www.theatlantic.com/business/archive/2013/02/currency-wars-what-are-they-good-for-absolutely-ending-depressions/272846/
macromon-
In the current world scenario,we have religious fanaticism, geographical greed aka the islands dispute and an economic/financial crisis which has put deep fear into lots of people.
Will not take much for desperate world leader to light a fuse. As the 2 world famous economists said,” This time is different.”
Frighteningly so,may I add.
My views on the future.
Review your comment here:
http://www.ted.com/conversations/13989/do_you_believe_that_our_future.html?c=541479
See what else is happening with the conversation “Do you believe that our future is bright, if yes, why and if not, why not?”:
http://www.ted.com/conversations/13989/do_you_believe_that_our_future.html
Could I please have your email id.Mine is kuldip46@gmail.com
Thank you.
That’s a exceptional perspective, nonetheless isn’t
make every sence whatsoever dealing with which mather.
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