Big moves on stocks, bonds commodities and currencies overnight as the US China trade war escalates. I ask NAB’s Gavin Friend where we go from here.
The floating of currencies has created a massive forex industry. @ProfSteveKeen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it ignored Keyne’s idea of the Bancor. https://t.co/NJDPcI33JI