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June 28, 2005

United States
More wisdom from Martin Wolf

Having laid out the problem on Monday, Martin Wolf offers his solutions in tomorrow’s Financial Times. He presents three answers to the question "what is to be done"One answer is: nothing. Let each c…

October 4, 2006

United States
Martin Wolf: The US had no choice …

Stephen Roach thinks that China’s exchange rate policy plays (almost) no role in an unbalanced world; it all stems from the Bush Administration’s loose fiscal and the Fed’s loose monetary policy.  St…

May 17, 2009

Monetary Policy
"We hate you guys ... but there is nothing much we can do"

That – now famous -- quote by Luo Peng isn’t really true. China’s government choose to peg its currency to the dollar. More importantly, China’s government choose to peg to the dollar at a rate t…

"We hate you guys ... but there is nothing much we can do"

June 1, 2015

Elections and Voting
Campaign 2016: Martin O’Malley, Democratic Presidential Candidate

When Bill Clinton wrote to a rising Democratic political star back in 2002 that “I won’t be surprised if you go all the way” to the White House, he had no way of knowing that Martin O’Malley would en…

O'Malley-Foreign-Policy

June 27, 2005

China
Martin Wolf makes sense (the Economist does not)

Martin Wolf’s FT column makes a number of crucial points:1) Asia has let undervalued exchange rates (and reserve accumulation) substitute for policies to promote domestic demand. The (growing) back…