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Geithner on Yuan: Misstep or Warning Shot?

I don't think anyone who has knowledge of history ever thought capitalism was the long-term plan in other parts of the world, especially China. By allowing its currency to appreciate, China becomes the equivalent of the U.S. in the 1930s. A heavy exporter, they quickly enter an economic depression. Why would that be an avenue of choice? Simple: it further empowers the Communist ruling party.

I don't understand why anyone believes that governments work on behalf of the people, they don't. They do the opposite in order to increase their control. Which is why this new administration here in this country would love to force China to appreciate their currency. A healthy dose of hyperinflation would put the U.S. government in full control of everything and ensure the death of capitalism.

Capitalism is the economic foundation that allows individuals to have a heavy stake in the government process, thus ensuring freedom. Without capitalism, governmental power is held by an elite few. Thus, the huge intertia favoring socialism over capitalism globally.