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FEB 01, 2013 - Business Insider

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ART CASHIN: 'We Believe Full Currency Warfare May Be Ready To Break Out On A Global Scale'

In the wake of the financial crisis, some have warned that the world was headed for a currency war as global central banks unleash easy monetary policy in their efforts to weaken their local currencies.  The intention behind such actions is to boost exports and in turn boost the economy. Art Cashin, UBS Financial Services Director of Floor Operations, think that the world is about to tip. From this morning's Cashin's Comments: Currency Warfare – We believe full currency warfare may be ready to break out on a global scale. The overt move to cheapen the Japanese yen has attracted ... Read More

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