How China’s Currency Devaluation Could Raise Prices In the U.S.
China devalued its currency for the third consecutive day Thursday, a drop of 1.1% from Wednesday and collectively the largest drop in decades. The devaluation has caused turmoil in markets all over the world this past week due to fears of a global trade imbalance and currency wars. But while the naysayers may be overstating the case, it’s worth noting
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