Asian Currency Cooperation: China’s Missed Opportunity

One of the pitfalls of the kind of quick analysis that goes into blog posts is that it’s possible, and sometimes even necessary, to click that “publish” button before an argument is fully formed or developed. In my case, when that happens, what’s often missing are the intermediate thought processes that lead from whatever triggers a post to its takeaway. In reading back over it, I think this post on Asian currency cooperation from yesterday is a good example of what I’m talking about. The Ulrich Volz article that triggered the post essentially argued that singling out the yuan exchange […]

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