China Devalues: Currency Wars Explode

Editor’s Note: Dr. Ron Paul and Daniel McAdams, reporting from their Institute for Peace and Prosperity, discuss China’s surprise currency devaluation yesterday, which has fueled the ongoing currency wars.

Escalation is on the way. Who wins? Who loses?

To find out, click the play button in the video below or above.

This article was originally posted at the Ron Paul Institute for Peace and Prosperity, right here.

The Daily Reckoning