The Value of the Yen, the Dollar, and Generational Issues

The NYT had a truly bizarre piece that at least implicitly portrayed Japan unfavorably compared with the United States for having an over-valued currency. The second paragraph tells readers:


"In an echo of a debate that raged in the United States in the 1980s, the government faces growing criticism for doing almost nothing to rein in the yen, despite alarm that the record-high currency is dealing crippling blows to the country’s once all-important export machine. "


The article then goes on to...

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Published on August 01, 2012 02:55
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