FORGET about currency wars. The dollar may go up, the yen go down and the yuan could be the next big currency. But what determines the value of the currency will be the quality of human talent. Money is man-made and the real value is not gold, not GDP, but sheer human power.
Earlier this month, I was invited to Kiel, just outside Hamburg, to attend the 2013 Global Economic Symposium (GES), organised by the Kiel Institute for the World Economy.
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