To: Southack
There was a great article on that topic posted here last week. It was quite fascinating, in that it suggested that allowing the yuan to float freely against the dollar would have some serious adverse consequences in the U.S. -- mainly because the yuan would likely decline against the dollar in the long term.
21 posted on
04/18/2006 2:48:39 PM PDT by
Alberta's Child
(Can money pay for all the days I lived awake but half asleep?)
To: Alberta's Child
Imagine that: the artificially propped-up Chinese money might actually fall if subjected to genuine market currency competition. Who woulda thought?
111 posted on
04/18/2006 4:12:03 PM PDT by
LS
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