U.S. Treasury Slams China: Wants the Dollar To Fall Against the Yuan.
By Mike Larsen – Weiss Research In a just- released U.S. Treasury report, our leaders have slammed China claiming that “The available evidence suggests the [yuan] remains significantly undervalued and we believe further appreciation of [it] against the dollar and other major currencies is warranted.” Translation: The U.S. wants to the dollar to FALL in value against the yuan. Naturally, Washington can’t come out and publicly say that. So they do the next best thing, in their eyes — they make it political and blame China for all our problems. Racking up mountains of debt, trying to inflate itself...
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