Currency wars are fiat wars

http://economicrisis.com/currency-wars-are-fiat-wars/298

Currency wars are fiat wars

The financial press is tossing the term “currency war” around with more abandon than partiers circulating punch at a New Year’s bash. Most commentators tell us we’re having such a war right now, though at least one denies it. James Rickards has published a book on the subject that’s become a hot seller. So what exactly is a currency war and why are nations engaging in it?
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