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Ben Bernanke's Global Adventure
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This WSJ editorial in August 2013- with the sharp depreciation of currencies in India and Indonesia, with Thailand and Malaysia expected to follow- says this will help improve the productivity of investments in emerging markets, but hurt revenue growth of American companies in emerging markets. Ben Bernake's QE monetary easing is proving difficult to unwind as experts fom Meltzer, Feldstein, and Taylor, and the Jounral's own editorials had warned. As the U.S. and the eurozone recover capital is moving back to developed countries.
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