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Jul 14

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Simon Johnson on China and the U.S. Economy

By Business Desk

Paul Solman: The second in this week’s series of video exchanges with Simon Johnson of the Peterson Institute of Economics, MIT, and (formerly) the IMF, concerns China.

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Jun 10

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If China Pulls Away From the Dollar, What Happens to the U.S. Economy?

Question: There’s been speculation that China will lessen its ties to the U.S. dollar and U.S. debt. Some countries would also like oil to be priced in something other than dollars. If these events were to happen, what might be…

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Apr 17

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Why Doesn’t the Yuan Trade Like Other Currencies?

Question: Why don’t we let the yuan trade like other currencies? Even now, the yuan has an 20 percent or higher edge on other currencies because of the existing rules. Paul Solman: Now, now, Maya, as my dad used to…

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Mar 13

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If China Is Worried About U.S. Debt, How Worried Should We Be?

Question: China’s Premier Wen Jiabao said today he was “worried” about China’s $1 trillion investment in U.S. securities. So, should the United States be worried about his worry? Paul Solman: In response to any economic problem these days, I’m…

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Jan 11

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How does China control the exchange rate of its currency?

This installment’s “guest vetter” is Martin Neil Baily, now with the Brookings Institution. He was chairman of President Bill Clinton’s Council of Economic Advisors and is a certified VKP (very knowledgeable person). If you…

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