Clayton:


Clayton E. Cramer wrote:

[...]

Actually, it has a bit more to do with China's fiddling with the
exchange rate for the yuan. The U.S. isn't the only country upset about
this.




The big laugh on the USA fiscal conservatives will be if the PRC ever
adopts the redeemable gold based currency and coinage system. That would
make their money the soundest in the hemisphere.

Philosophically, however, the PRC is committed to inflation. And, is the
inflation only reserved to help destroy Capitalist nations?

Ralph Hertle