Umpa

Strong RMB, Yen Not Good for the World

I think that if China will not appreciate the value of their currency, Federal Reserve Bank can do what it knows best, that is, Quantative Easing. It will enable US to pay down their trade deficit, bring down the value of the currency to 1/7 of its value. Canadian dollar will follow suit to adjust to 1/8 through QE to keep pace with the US artificially destroying the currency. This will bring export of natural resouces to China cheaply and economic stimulus will ensue. This is the solution that I want to see occur.


On Dec 11 05:07 AM drone wrote:

> So even though I"ve lost my job and have zero savings, I'm gonna
> run out and buy a flat screen TV just to support these guys,