Why Is It So Hard For You Fools To Understand What China Is Doing With Its Currency?


So Chinese currency manipulation is starting to get the heat it deserves. Good.

But, um, what’s this about?

Exchange rates are an arcane subject, harder to explain than a meeting with the Dalai Lama.

Gah. The renminbi thing isn’t at all hard to explain — it’s just supply and demand.

Read the rest at The Conscience of a Liberal –>

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