Ron Paul Warns Currency Devaluation Is `Dangerous'
Feb. 8 (Bloomberg) -- Former Congressman Ron Paul, a Texas Republican, talks about governments' strategy of devaluing their currency to gain an advantage in trade. The yen jumped the most in almost two years against the dollar after Japanese Finance Minister Taro Aso said the pace of its recent slide has been to rapid. Paul speaks with Sara Eisen on Bloomberg Television's "Lunch Money." (Source: Bloomberg)
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41:32 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include George Goncalves, head of U.S. rates research at Nomura, Harvard University Professor Nicholas Burns, Brad Bechtel, FX strategist at Jefferies, Steven Ricchiuto, chief economist at Mizuho Securities Steve Rattner, chairman at Willett Advisors, Paul Miller, banking analyst at FBR Capital Markets, Julian Emanuel U.S. equity and derivatives strategist at UBS Securities, Blair Effron, co-founder at Centerview Partners, and David George, senior research analyst at Robert W. Baird. (Source: Bloomberg)