Inquiring minds are investigating an amusing set of lies from the G7. At the top of the list is Group of 7 Will Let Market Decide Currency Values.
Seven major developed countries including the United States and Germany pledged on Tuesday to let foreign exchange markets determine the value of their currencies. In a statement, the G-7 powers said they would consult closely to avoid moves that could hurt stability. But they restated a commitment to market-determined exchange rates Continue reading