To: GodGunsGuts
"A new chairman with the outlook and resoluteness of Volcker will be named who will repeat the feat of his tall, cigar-smoking predecessor, in saving the dollar once more in a nick of time. History will replay itself." Well, the Red Chinese certainly hope so. If the Dollar falls against the Yuan, then Chinese exports become more expensive.
2 posted on
12/14/2006 9:02:31 AM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
What exactly would a weaker dollar/yuan exchange rate do for the US? Chinese goods would be slightly more expensive (still cheaper than US goods) so US firms would buy slightly less from China and slightly more from Cambodia, Vietnam, Taiwan, and South Korea. Big deal.
5 posted on
12/14/2006 9:05:40 AM PST by
Alter Kaker
("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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