The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a… — Milton Friedman Copy Share Image
Since we don't use any type of currency manipulation schemes - we have a floating exchange market - we are very glad… — Ildefonso Guajardo Villarreal Copy Share Image
When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital… — Zanny Minton Beddoes Copy Share Image
If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange… — Milton Friedman Copy Share Image
