Thursday

China Currency Manipulation

CARTOON BY  CHIP BOK
CHINA DOES MANIPULATE IT CURRENCY TO GIVE IT AN ADVANTAGE IN INTERNATIONAL TRADE.  THAT'S GOOD FOR CHINA AND BAD FOR THOSE COUNTRIES THAT TRADE WITH IT.  WE ON THE OTHER HAND MANIPULATE OUR CURRENCY FOR POLITICAL REASONS HERE AT HOME AND THAT IN THE LONG RUN IS BAD FOR US.  BAD FOR US IN THAT IT MAKES THE DOLLARS IN YOUR POCKET WORTH LESS.  IN OTHER WORDS CREATING INFLATION.

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