Monetary Matters with Jack Farley cover image

China and the Reordering of World Trade | Former Under Secretary of the Treasury for International Affairs Jay Shambaugh

Monetary Matters with Jack Farley

00:00

Why China won't simply revalue the yuan

Shambaugh says RMB revaluation risks deflation and requires stronger domestic demand, not easy under current model.

Play episode from 01:11:48
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