The Obama admin refuses to label china a currency manipulator. I wonder why?
liveforphysics wrote:http://www.google.com/finance?source=an ... CCMQ5QYwAA
Ricky_nz wrote:bane77087 wrote:Dillholes... I mean really if they would just sell those damm 20AH pouches to the public they would be having to hire ppl, not be laying them off. They would rather lay people off than to sell to the public that wants to buy.
I doubt selling to individuals would reach the required quantities to keep that many people employed.
On the plus side if they sold to individuals they would probably have to hire a huge number of lawyers .
I do however wish that we could buy the cells.
Me Babbbling wrote:The devaluation of the U.S dollar is related to the "monetary easing." So, yeah, in that sense we manipulate currency by printing more currency. But it also has to do with the fact that markets are less crazed. It was overvalued as was (?still is? I dont pay attention) gold because people relatively trust gold.
I guess a direct comparison is funky is all that I'm saying. China's currency is manipulated in so far as exports:imports are kept high, and they limit outside currency transfers (e.g, me buying 50 million yuan/) For what its worth, they did recently let to go up in part to combat inflation and/or bolster. It's just a number of variables, I'm saying. People argue that U.S is more hands-off, just primarily affecting interest rates, while complaining china's method is very hands-on. Economics are absurd :p, though.
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