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Obama fails to get G-20 to scold China for what Obama is doing with QE2

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The whiff.


For years, the US has protested China’s policy of keeping the value of its currency artificially low to boost exports and gain a competitive edge over domestic production throughout the West.  Until recently, the US had a coalition of allies at the G-20 to stand firm against the manipulation of the yuan.  However, much to [...]

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