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What’s Really Going On

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Here’s a letter that I sent earlier today to the Wall Street Journal:

A headline in today’s edition reads “Dollar Falls Against Yen; Japan Hints at Action [2].”  A more revealing headline would read “U.S. Goods Become Less Costly for Japanese People; Japanese Government Hints at Preventing Its Citizens from Enjoying this Bounty.”

Sincerely,
Donald J. Boudreaux

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