Economia
A volta da guerra cambial
Brazilian Finance Minister Mantega has just blasted the Fed's QE3policy for setting off "Currency Wars".
What he means by this is: The Fed has prompted every country to attempt to weaken the value of their currencies in order to boost exports.
The reason Mantega is furious about this is that he believes it dangerously boosts inflation, especially in emerging markets like his, Brazil.
He's made this charge before: In August 2010, the last time the Fed started to embark on QE, he blasted it for setting around a series of central banks weakening their currencies to boost exports.
We predicted two days ago, that with the Fed, the ECB, and the Bank of Japan all announcing easing within days of each other, that the term would soon be back.
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• Brazilian exports enjoyed a phenomenal run during the last 10 years, even facing a major international crisis in 2009: deducting dollar inflation (PPI), they rose at an astounding pace of 12% per annum, while the preceding 10 years growth averaged...
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From Bernanke With Love
Esta é uma carta fictícia do Bernanke para o Mantega, aparentemente publicada no FT. Tem um erro (fica para vocês apontarem). Já o resto é verdade. Currency wars Published: January 11 2011 15:12 Dear Mr Mantega, Being frustrated politicians ourselves,...
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Banco Central Do Brasil Compra Ouro
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Guerra Cambial
Bernanke Bludgeons China With Inflation in Currency War: Books By James PressleyWe’re in the throes of Currency War III, and Ben Bernanke has won the first offensive by flooding China with inflation.
If this sounds like a geeky online...
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Antony P. Mueller - Publicações Recentes
O caminho da prosperidade 10/2011
A internet e o futuro da liberdade 9/2011
Será o fim da hegemonia do dólar? 08/2011
Além da boa governança 08/2011
Euro - que moeda é essa? 07/2011
Deflação...
Economia