# In an op-ed, Professor Nouriel Roubini discusses the global impact of quantitative easing

1 Faculty News December 1, 2014 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/world-government-reliance-monetary-policy-by-nouriel-roubini-2014-12) -- "The recent decision by the Bank of Japan to increase the scope of its quantitative easing is a signal that another round of currency wars may be under way. The BOJ’s effort to weaken the yen is a beggar-thy-neighbor approach that is inducing policy reactions throughout Asia and around the world."

[Read more](http://www.project-syndicate.org/commentary/world-government-reliance-monetary-policy-by-nouriel-roubini-2014-12)

Additional coverage appeared on [The Guardian](http://www.theguardian.com/business/2014/dec/04/currency-wars-bode-ill-for-the-world-economy), [LiveMint](http://www.livemint.com/Opinion/7GVWy3Ur6VAeYdTscY6AoI/Nouriel-Roubini--The-return-of-currency-wars.html) and [MarketWatch](http://www.marketwatch.com/story/the-return-of-currency-wars-will-strengthen-the-us-dollar-even-more-2014-12-01).