Fixed exchange rates lead to economic turmoil

Thursday

Oct092008

Thursday, October 9, 2008 at 3:49PM

Czech National Bank Governor Zdenek Tuma says that a fixed exchange rate will always lead to inflation, which in turn naturally leads to economic turmoil (0:31).
Listen

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

Post a New Comment

Enter your information below to add a new comment.

My response is on my own website »

Author:

Author Email (optional):

Author URL (optional):

Post:

↓ | ↑

Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>