Portfolio manager Axel Merk tells US News & World report that market pressure must remain on policy makers
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'Policy makers believe that if there is some magic elixir, governments will have the breathing room to clean themselves up,' says currency expert Axel Merk, president of Merk Investments in Palo Alto, California. 'However, policy makers have proven that the moment the pressure abates, the willingness to push through tough reforms evaporates.'…"