tman23

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There are soooooo many studies completed by Ivy League schools and all of them that I have read come to a similar conclusion.

The conclusion is that a country entering a market economy and becoming an emerging market would find that floating its currency would be high risk and ultimately a disaster.

AND foreign investment views a floating currency a high risk and large hedge fund managers and public traded companies would not take the high risk as they find the float unfavorable.

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