David “Danny” Blanchflower, the Bruce V. Rauner 1978 Professor of Economics and a former Bank of England policy maker, says the currency intervention by the Group of Seven nations on the Japanese yen was “the right thing to do.” Blanchflower, speaking with Deirdre Bolton on Bloomberg Television’s InsideTrack, also discusses the Federal Reserve monetary policy and the U.S. economy.
Watch the video, which aired on 03/21/11.
