Tuesday, December 20, 2011

Why do some Americans always bang on about China manipulating it's currency yet they are all too happy to?


purchase Chinese goods for low prices.

If you are genuinely concerned about China manipulating it's currency, next time you go to the shop, don't purchase the $1000 TV from China, but the $5000 one from America.

I think it is safe to say that nobody will do that.

By the way, I don't think that Asian goods are cheaper because of there is foul play on the part of the Asians. That is an excuse used by politicians who want to avoid talking about America's flawed monetary policy.


ha, not only that, but you can't buy many products that are from just ONE country anymore. I reckon even the American brand TV would have Chinese or Japanese parts or labor associated with it.

In my opinion the US is just trying to craft the rules for what is acceptable and what is not. If you make the rules, it's easier for you to win the game.

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