COLUMN-How to stop worrying and love currency wars: James Saft
Posted on January 23, 2013 at 15:45 PM EST
Jan 23- You might want to learn to stop worrying and love currency wars, which are here to stay and, for investors, might not be all that bad. If Japan, as it is and will do, creates money and drives the value of the yen down it not only creates demand at home by encouraging cash off of the sidelines, it also encourages other countries to follow suit with their own easings.