Punditry and pseudo punditry have been getting a lot of acreage in the print media, and lots of air time on TV and Radio (of course being hosted by DJs and not any serious economics correspondents) telling us how our currency is in a crisis.
In today's Business Daily, I argue that all that is nonsense. While I think my case is compelling, I am not sure whether people will let logic and evidence persuade them away from their preconceptions and misconception on this subject.
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