I thought this was a looooonnnggg way off.
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To: Boiler Plate
They still aren't floating the Yuan on the international market. It's a budge, but it isn't what needs to happen.
90 posted on
07/21/2005 12:50:09 PM PDT by
PeterFinn
(The Holocaust was perfectly legal.)
To: Boiler Plate
It's a big step. Changing the money basis usually is.
98 posted on
07/21/2005 1:48:48 PM PDT by
RightWhale
(Substance is essentially the relationship of accidents to itself)
To: Boiler Plate
looooonnnggg way off.I love Chinese food.
99 posted on
07/21/2005 1:50:12 PM PDT by
satchmodog9
(Murder and weather are our only news)
To: Boiler Plate
101 posted on
07/21/2005 1:52:56 PM PDT by
txhurl
To: Boiler Plate
China did not "drop" the currency peg. China is managing the move. The publicity we're seeing is a ruse.
115 posted on
07/21/2005 7:29:16 PM PDT by
familyop
("Let us try" sounds better, don't you think? "Essayons" is so...Latin.)
To: Boiler Plate
once fully (if ever) unpegged from the dollar (or the dollar-weighted basket -- it's really not a true "unpegging"), the currency ought be able to stand or fall on its own without the defacto dollar-backing.
given that it's a command economy, ultimately it will fall. strong currency requires strong economy, requires free people. End of story.
118 posted on
07/21/2005 7:49:09 PM PDT by
the invisib1e hand
(In Honor of Terri Schiavo. *check my FReeppage for the link* Let it load and have the sound on.)
To: Boiler Plate
122 posted on
07/22/2005 5:06:34 AM PDT by
Alia
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