mardi 6 janvier 2015
The euro has declined roughly 13% against the dollar over the past six months. This is supposed to be stimulative for the eurozone economy, but it remains moribund. What gives? Part of the problem is that the bilateral exchange rate is not the proper metric in this context. To understand how...
Euro-Dollar Exaggerates Euro's Decline
Euro-Dollar Exaggerates Euro's Decline
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