Posts Tagged ‘foreign exchange’

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    Yuan or Yen

    Mar 27, 10 • 177 Views • Demand, Supply, and Markets, International Trade and FinanceNo Comments

    Harvard professor Niall Ferguson, called China a currency manipulator in a recent interview. Next month, Treasury Secretary Tim Geithner will let us know if he agrees. The United States has not formally called China a currency manipulator since

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    Hamburger Economics

    Mar 22, 10 • 369 Views • Financial Markets, International Trade and Finance1 Comment

    When U.S. senators consider whether to respond to an undervalued Yuan, they can check the most recent Big Mac Index.  Big Macs are 49% cheaper in China than in the U.S. According to The Economist, we would pay $3.58 for a Big Mac here and the