After Mitt Romney put the issue of Chinese currency manipulation into the Presidential race, economists and analysts rushed to explain that such manipulation isn’t happening, and anyway Romney is dishonest, and his policies, if carried out, would start a trade war. I responded that, even if you accept that China has stopped manipulating their currency, [...]

One of the sections in tonight’s foreign policy debate concerns China, which means that the issue of Chinese trade will come up. In a very real sense, this will trigger a fake debate about the manipulation of Chinese currency. I say fake because, while Mitt Romney will demand such a designation, he has no interest [...]