Wednesday, March 25, 2015
Saturday, April 27, 2013
Broadcast Times: Saturday 6am on 93.9FM, Saturday 2pm on AM 820 and Sunday 7am on AM 820 and 8pm on AM 820
It's often taken for granted that America needs a strong dollar. When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to ...
Monday, October 03, 2011
Senate leaders say the Chinese government's practice of forcing the value of the Yuan artificially low, in comparison to the U.S. dollar, gives Chinese companies an unfair advantage in trade, and is harming the American job market. To combat this, the Senate has passed a bipartisan bill, which the White House is reviewing, to pressure Beijing to alleviate some of those financial controls.
Tuesday, November 09, 2010
The world leaders of the G20 are meeting later this week, and there are a lot of ideas afloat on how to reorganize world currency (gold standard, anyone?). Simon Johnson, former chief economist for the International Monetary Fund, helps us examine the notion that the U.S. dollar may not remain at the top of the heap forever.
Friday, October 22, 2010
China's central bank surprised the global market by increasing its interest rates for the first time since 2007. Being that it's the second largest economy in the world, the decision to increase interest rates has the global economy feeling the effects. Gold and oil prices dropped, while stocks took a negative turn in Europe and the dollar jumped.
Joining us to discuss is Sewell Chan, Washington correspondent for The New York Times.
Friday, April 09, 2010
Chinese exports are cheap, but it's not all lower wages or efficient production. The cost of exports has been held down in recent years because the Chinese government has pegged the Yuan to the dropping dollar. But that may be changing. Murmurs within the halls of China's central bank, and central government, are pointing to an announcement in the coming days that the Yuan may move to a more flexible exchange rate against the dollar. This has big implications for trade, for President Obama, and for American consumers.