How Milton Friedman Triggered Worldwide Currency Wars

Milton Friedman is roundly regarded as one of the great economists of the 20th century. But his view of the Bretton Woods system was all wrong. And the current mess of floating exchange rates proves that. Today, Lewis Lehrman explains how the current monetary system pits every country against each other in a financial “race to the bottom“... FULL TRANSCRIPT BELOW: Join the discussion! Sign up for the Daily Reckoning for FREE economic perspective, global market analysis, and cont