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 –>

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.