Marketwatch Opinion: Now is the time to fight currency manipulation
WASHINGTON (Project Syndicate) — Is it appropriate to use trade agreements to discourage countries from using large-scale intervention in the foreign-exchange market to hold down their currencies’ value? That is the question of the day in American economic-policy circles. [Reposted from Marketwatch | Simon Johnson | March 24, 2015] In recent years, Japan, South Korea,…