As a consequence of misguided IMF policies, currency crises and banking panics have become more frequent and their magnitudes much greater.
Soon after his book was published, in 1997, he placed some misguided bets in the currency markets and went bust.
"We'll get to that," Senator Harry Reid, the majority leader, said last month, after taking up a misguided bill to punish China for currency manipulation.
Just in time for the presidential campaign, Barack Obama has joined Hillary Clinton on the misguided bandwagon of those seeking to penalize China for manipulating its currency.
(There is a chance that American fiscal austerity would also exacerbate matters).And that, I think, gets at why typical hand-wringing over "currency wars", meaning the ostentatious sort of battling, is misguided.
As feminists and other misguided sophisticates have given the no-fault divorce cultural as well as legal currency, he maintains, they've only led their less privileged fellow-citizens into the mire.
With the advent of new, global technologies such as blockchains -- continuously growing transaction databases used, for example, to sustain virtual currencies -- the notion of data localization becomes even more misguided.
That the countries which started the sovereign debt crisis are returning to the market while peripheral euro-zone sovereigns continue to struggle has led to crowing from those who see austerity as a misguided strategy for Greece, Ireland and Portugal.The facts certainly suggest that the yoke of a single currency is a barrier to recovery.
It has nothing to do with its value against other currencies.Was this shift a gaffe of his own, an honest if misguided attempt by a straightforward chap to admit the obvious fact that the dollar is falling?
Phoney currency wars Come on, TTIP Grey squirrels ReprintsGetting rich people to pay their dues is an admirable ambition, but this attack is both hypocritical and misguided.
