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Currency battle begins

Political Economy | Edward Harrison | March 19, 2010 7:06 pm |

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I recorded the video segment below on on RT America on Wednesday night (Notice my green tie for St. Patrick’s Day!). The overall gist of the clip was that the currency battle now brewing between China and the U.S. is mostly a political confrontation. There are reasonable ways out of this that don’t include a trade war – that is if politicians choose to not to politicize the debate.

At the end of clip, I mention the Triffin Dilemma in which the US domestic agenda is at odds with the natural current account deficit that the US Dollar reserve currency role creates. For more on this, see my last post. The clip runs just over 5 minutes.

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Tags: China, forex, media watch, populism, protectionism
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» Links: 2010-03-19 – Irish bank head arrest, hyperinflation, Arizona budget »
  • http://twitter.com/edwardnh/status/10745544222 Edward Harrison

    Currency battle begins http://bit.ly/aLHqAF #China #forex #mediawatch $$

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  • http://twitter.com/creditanalysis2/status/10746399749 chency diwkli

    Currency battle begins: I recorded the video segment below on on RT America on Wednesday night (Notice my Green t… http://bit.ly/9tgslY

    [Translate]
  • http://twitter.com/creditdad/status/10746422917 Credit Dad

    Currency battle begins: I recorded the video segment below on on RT America on Wednesday night (Notice my Green ti… http://bit.ly/catNgr

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  • http://twitter.com/tahoe58/status/10746539593 Peter Jalkotzy

    RT @edwardnh Currency battle begins http://bit.ly/bE5GFI

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  • http://twitter.com/financialblogs/status/10747136531 TopFinancialBlog

    Currency battle begins: I recorded the video segment below on on RT America on Wednesday night (Notice my Green t… http://bit.ly/catNgr

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  • http://twitter.com/mariogreat/status/10747137263 Mario Gregorio

    MG Currency battle begins http://bit.ly/dxL6C4

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  • http://twitter.com/edwardnh/status/10749006909 Edward Harrison

    Currency battle begins http://bit.ly/amplV5 #China #forex #mediawatch $$

    [Translate]
  • http://blog.investireoggi.it/2010/03/22/financial-links-22-03-2010/ Financial links (22-03-2010) — argomenti dai Blog

    [...] 2)      CINA vs. USA: inizia la battaglia delle valute (CWD) [...]

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  • http://www.creditwritedowns.com/2010/03/the-week-in-review-at-credit-writedowns-2010-03-27.html The week in review at Credit Writedowns: 2010-03-27 – Credit Writedowns

    [...] stateAnticipating Eurozone collapseMost ReadChanos: Where are the perp walks?A New World OrderCurrency battle beginsA quick video primer on Repo 105Lehman chief warns of more big bank failuresAnticipating Eurozone [...]

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    Edward Harrison

    Edward Harrison is the founder of Credit Writedowns and a former strategy and finance executive with twenty years of business experience. He started his career as a diplomat and speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. He is a regular contributor at Seeking Alpha, Naked Capitalism, and Roubini Global Economics. Edward has often spoken on television and radio in the US, the UK, Canada and Russia. Contact him at edh at creditwritedowns dot com to schedule a media appearance or for a question about this site. Follow edwardnh on Twitter

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