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Peter Navarro, the closest thing Trump has to an economic guru, made some waves by accusing Germany of being a currency manipulator and suggesting that both the shadow Deutsche mark and the euro are undervalued. Leaving aside the dubious notion that this is a good target of US economic diplomacy, is he right?

Yes and no. Unfortunately, the "no" part is what's relevant to the US.



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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Feb 2nd, 2017 at 08:57:51 AM EST

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