Monday, March 18, 2013

Interesting book - American Phoenix


This book is an interesting read - it describes how the Chinese currency peg and European monetary system explain some of the things going on in the world right now.  It describes how the US can export inflation to China instead of paying for their loose monetary policy at home because of the Yuan peg to the US Dollar.

The views in the book align well with my investment outlook, so I thought I would link to it here.

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