Currency war: Reality or fantasy?

Pressrelease // Every economic cycle has its currency war. In the 1920s, France, Germany, and Belgium devalued their currencies to return to the gold standard, which had been abandoned during World War I. In the 1930s, major global economies resorted to competitive devaluations to recover the prosperity lost after the 1929 American stock market crash. […]

23 mai 2024
Aller à la source The European Times
Author: Newsdesk