David Derosa: China Courts Economic Disaster
May 11th, 2005 | By Chris Mayer | Category: Macro Economics
Chris Mayer examines David Derosa's Book In Defense of Free Capital Markets on the hazards of fixed exchange rates and the fallacies of government intervention in currency markets.
China Courts Economic Disaster
"The world is in permanent monetary crisis."
-- Murray Rothbard, economist
China's currency is pegged to the dollar at the rate ...read more
