Ron Paul: "Trade War Through Currency Devaluation Is Very Very Dangerous" - Bloomberg 2/8/13

By Ron Paul | Dr. Paul is an eleven-term congressman from Texas and ran as a 2012 Republican Presidential candidate. He is author of Pillars of Prosperity: Free Markets, Honest Money, Private Property and End The Fed and other titles.

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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.”