A man walks past an electronic board showing the graphs of exchange rates between the Japanese yen and the U.S. dollar outside a brokerage in Tokyo (REUTERS/Toru Hanai).
Opinion
Time to Call a Truce in the Currency Wars
March 1, 2013, Michael W. Klein
Michael Klein gives a brief history of "currency warfare," placing into context current events that have led to claims that Japan and the United States are starting currency wars by engaging in more expansionary monetary policy to combat ongoing economic weakness.