Don Boudreaux on China, Currency Manipulation, and Trade Deficits

Don Boudreaux of George Mason University talks with EconTalk host Russ Roberts about Chinese exchange rate policy and the claim that China keeps the value of its currency artificially low in order to boost exports to the United States and reduce U.S. exports. Boudreaux argues that regardless of whether China is manipulating its currency, inexpensive Chinese imports are generally good for the United States. He also points out that manufacturing output in the United States has been thriving despite claims that the United States is being "hollowed out." The conversation also includes a discussion of whether Chinese holdings of U.S. Treasuries threaten the United States.

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Don Boudreaux on China, Currency Manipulation, and Trade Deficits is an episode from EconTalk Archives, 2010 by Library of Economics and Liberty.

This episode is 1:04:57 long.

This episode was published on Nov 8, 2010.

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