tag:blogger.com,1999:blog-19838051.post3276225399346264000..comments2024-01-28T22:16:50.852-06:00Comments on Mr. Dilettante’s Neighborhood: Pay AttentionMr. Dhttp://www.blogger.com/profile/13920907647566015611noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19838051.post-2187556804598909492010-03-24T22:50:23.228-05:002010-03-24T22:50:23.228-05:00Give that man a cigar.Give that man a cigar.Mr. Dhttps://www.blogger.com/profile/13920907647566015611noreply@blogger.comtag:blogger.com,1999:blog-19838051.post-38449625061442966082010-03-24T21:47:42.822-05:002010-03-24T21:47:42.822-05:00From what I understand, the Feds want China to rem...From what I understand, the Feds want China to remove the attachment of the Yuan's value to the dollar, and let the currency's fluctuate freely.<br /><br />As the US prints more money, the value of the Yuan in comparison to the Dollar rises, triggering a flow of investment, ie, purchases of T-Bills from the US.<br />That way, we can have our inflation cake and eat it too.<br /><br />For the Chinese, it doesn't make much sense, because the world market they export to a more expensive Yuan translates to a more expensive product. And then less buisness.RobertDWoodhttps://www.blogger.com/profile/12468867977431697913noreply@blogger.com