DFVS - Crazy Definitions Of Equilibrium Exchange Rates
Editor's note: This article was originally published on February 16, 2019, by Menzie Chinn here.
"The Coalition for a Prosperous America" releases what it burbles as a "Groundbreaking CPA Study…" entitled "Quantifying Economic Growth and Job Creation from a Competitive Dollar". Don't be fooled by all the footnotes and the numbers. At the basis of the analysis is the aphorism: "Neither a borrower nor a lender be".
Here's how the email from CPA described the study:
A new study of the US economy from the Coalition for a Prosperous America ((CPA)) economics