https://www.huffpost.com/entry/book-review-death-by-chin_b_882644
Germany
[edit]Navarro drew controversy when he accused Germany of using a "grossly undervalued" euro to "exploit" the US and the rest of the European Union.[209] Politico noted that the German government does not set the value of the euro.[199] Economists and commentators are divided on the accuracy of Navarro's remarks.[210][211] Economist Paul Krugman said that Navarro was right and wrong at the same time: "Yes, Germany in effect has an undervalued currency relative to what it would have without the euro... But does this mean that the euro as a whole is undervalued against the dollar? Probably not."[212]
