Re: Yen



China is officially decreasing their amount of dollars it owns and the yuan is increasing in value.
China refusing to increase the value of the yuan is/was mostly because it had so much of dollars.
They let the yuan rise very slowly for many reasons and having too many dollars is just one of them.
They have a hell of a lot of people and the distribution of wealth is very unequal but it is probably not as unequal as the distribution of wealth in the USA.
USA is bound to experience a lot of changes in values and when the inflation really takes off there will be a lot of unrest.
The unrest china is trying to prevent is nothing to the unrest that is going to happen in the USA.
The unrest in china is because of growth but the unrest in USA is because of depression and less growth.
Getting bigger is relatively easy but getting smaller is hard.
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On 10/6/10 6:23 AM, Bjorn wrote:
<...>

No, it was so that people would buy their artificially cheap goods so it could would have a market for their goods.
<clueless garbage deleted>
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