“The only reason you would want your currency to fall, if you could control it, is in order to get more exports.” IfsWantReasonOrderFallCurrency Author:David Wessel
“I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if you're a country that has a stated policy of relying less on exports and more on consumer spending, domestic spending?” IfsThinkingWantMayCountryEconomyPolicyDependsScaredSpendingChineseConsumersSymptoms Author:David Wessel
“I think oil prices are down for two reasons. One is, there is a lot of supply. There is a lot of supply because the U.S. now produces a lot of oil and there is a lot of supply because the Saudis seem to want to produce a lot of oil, maybe to punish the Iranians and the Russians.” ThinkingWantTwoReasonSeemsProduceOilSaudisOil Price Author:David Wessel
