After years of exhorting China to increase the value of its yuan, the currency is finally rising. Why that’s so is the result of the Fed’s quantitative easing program. Here’s how Bernanke managed to succeed where political wrangling fell short.
Continue reading Currency Wars: How Ben Bernanke Outsmarted China
Currency Wars: How Ben Bernanke Outsmarted China originally appeared on DailyFinance on Mon, 24 Jan 2011 11:00:00.