Currency War?

The unconventional monetary policy known as quantitative easing is essentially the process of printing money. The influx of funds into excess reserves serves to stimulate the economy but can also be used to manipulate the exchange rate of a country’s currency. The intentional devaluation of currency can ultimately lead to what is known as a ‘currency war.’ This article seeks to explain quantitative easing, currency war, and if we’re in one right now.

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