Showing posts with label global imbalances. Show all posts
Showing posts with label global imbalances. Show all posts
Thursday, October 11, 2012

The US Dollar Renminbi Standard Myth

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Another bizarre mercantilist claim today is that the world monetary system operates on a supposed “USD-Renminbi” standard. (From Tr...
Monday, October 01, 2012

Currency Manipulation and the Politics of Neo-Mercantilism

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At the local stock market forum, the Stock Market Pilipinas I had been asked to comment about the currency manipulation charges hurled aga...
Monday, March 19, 2012

iPhone Shows How Trade Statistics are Flawed

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I earlier pointed out that statistics hardly captures the realities of the swiftly shifting trade dynamics brought about by globalization a...
Wednesday, October 12, 2011

The Myth of Cheap Currencies driving Trade Deficits

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For mercantilists an oft repeated claim has been that China’s cheap currency equals US trade deficit. From such premise they advocate the p...
Thursday, October 06, 2011

Video: Fiat Money Basics: The Root of the World's Imbalances

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Here is a concise explanation of the mechanics of the legal tender based paper money system, a system that rewards the political and the ban...
Friday, July 29, 2011

Big Mac Index: Brazil’s Real Priciest, India’s Rupee Most Affordable

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The Economist has an annual update of their Big Mac Index The Economist writes , (bold emphasis mine) THE Economist’s Big Mac index...
Saturday, June 25, 2011

Mark Twain and China’s Yuan

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The brilliant nanotech investor and analyst Josh Wolfe of Forbes offers three invaluable investment insights premised on the maxims of liter...
Thursday, March 10, 2011

Has China’s Competition For Brides Led To Global Imbalances?

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Competition for brides, due to gender imbalance, has led to China’s huge savings. That’s according to a study reported by Wall Street Journa...
Wednesday, January 05, 2011

How Statistics Don’t Measure Up To ‘Global Imbalances’

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People’s way of conducting commerce has always been changing, i.e. from agriculture to industrial and now to the information age. However st...
Thursday, December 16, 2010

iPhone Shows Why Global Imbalances Will Remain

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Mercantilists are simply wrong. The are mistaken in arguing for the "currency valve" policy option to address global ‘imbalances...
Tuesday, November 09, 2010

Why Mercantilists Are Wrong (Again)

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The Chinese yuan may not be as undervalued as expected by present day mercantilists. According to the Economist , (bold highlights mine) ...