Hanke, Steve H.
March 2007
Forbes Asia;3/12/2007, Vol. 3 Issue 4, p33
The author reflects on the contributions of U.S. economist Milton Friedman to the foreign exchange market. He states that Friedman favored floating rates, but also favored fixed rates. He cites an essay written by Friedman as his first foray into the exchange-rate debate. He asserts that free markets are not popular with politicians in the U.S.


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