G20 Archives - IREF Europe https://en.irefeurope.org/tag/g20/ Independent research and policy analysis on fiscal, monetary, and regulatory issues in Europe Tue, 09 Nov 2010 15:23:38 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://en.irefeurope.org/wp-content/uploads/sites/3/2026/04/IREF-LinkedIn-Profile-DarkBlue-scaled.png G20 Archives - IREF Europe https://en.irefeurope.org/tag/g20/ 32 32 The G20 meeting is looming to be an unpleasant experience for the US participants https://en.irefeurope.org/news/article/the-g20-meeting-is-looming-to-be-an-unpleasant-experience-for-the-us-participants/?utm_source=rss&utm_medium=rss&utm_campaign=the-g20-meeting-is-looming-to-be-an-unpleasant-experience-for-the-us-participants https://en.irefeurope.org/news/article/the-g20-meeting-is-looming-to-be-an-unpleasant-experience-for-the-us-participants/#respond Tue, 09 Nov 2010 15:23:38 +0000 https://en.irefeurope.org/publications/other-publications/news/the-g20-meeting-is-looming-to-be-an-unpleasant-experience-for-the-us-participants/ The new US$600 billion round of "quantitative easing" by the Fed announced by Ben Bernanke is undoubtedly a topic to be discussed during the coming G20 meeting in Korea. Indeed, the reverse side of a cheaper dollar is a more expensive euro, Japanese yen, Chinese yuan etc. Exporters in those countries are likely to find themselves in a disadvantageous position to US firms in global markets. The Fed move is also likely to generate massive losses to the largest dollar holders such as the People's Bank of China and the Bank of Japan.

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