It looks like Brazil's Finance Minister Guido Mantega has had enough of Ben Bernanke and his monetary policy of printing money. Mantega didn't find the need to go to last week's G20 meeting for finance ministers and now we know why - he has had it. Mantega has announced that he will propose at the G20 nations meeting next month that the International Monetary Fund create an index measuring currency manipulation. The idea is to identify who is keeping their currency artificially low to boost exports, Mantega said, lending support to eventual actions against illegal subsidies at the World Trade Organization. Read the rest of the article here.
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