The Double Standard of Currency Manipulation The latest report from the US Treasury Department on foreign exchange interventions has left many scratching their heads.
On one hand, it's a stern warning to trading partners like Japan, China, and Germany that the US is "aggressively and vigilantly monitoring" their currency practices.
On the other hand, it appears that Washington was more than happy to help Tokyo prop up the yen when its value began to plummet. This seeming double standard raises questions about the true motives behind the report.