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re: Protectionism is not the answer
Posted on 2/24/17 at 11:51 am to CelticDog
Posted on 2/24/17 at 11:51 am to CelticDog
quote:
is to force China to increase the value of their Yuan so dollars and pounds are not at such a disadvantage .
China is not intentionally deflating it's currency right now. It is actually using USD reserves to prevent deflation because they have a problem with runaway capital flight. I don't understands nd why people think currency devaluation has no consequences.
This post was edited on 2/24/17 at 11:53 am
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