Kelsey Grammer recently revealed to the New York Post the reason why he had a 30-year falling out with “Cheers” co-star Ted Danson. The two actors appeared on a podcast last October where Danson ...
One view blames fixed exchange rates-- soft pegs'--for these meltdowns. Adherents to that view advise countries to allow their currency to float. We analyze the behavior of exchange rates, reserves, ...