#MAGA: China Currency Manipulation?

If you really want to make your head spin, try to figure out how the currency manipulation that the OHM accuses China of engaging in is done, and how that might amount to something that is illegal.

Enconomist Radio – Money talks: Yuan-a fight?

According to The Economist, China is essentially taking the dollars it buys from the United States government, turning right back around and selling those dollars on the open market buying back its own currency in order to prop up the value of the Yuan. So if the OHM or the US government wants to stop China from manipulating the value of its currency on the open markets he and they should probably just stop selling dollars to China in the form of T-bills. Otherwise they are accomplices to the crime of China manipulating currency. Or maybe they should just #ImpeachTrump before he starts a war with China.

Author: RAnthony

I'm a freethinking, unapologetic liberal. I'm a former CAD guru with an architectural fetish. I'm a happily married father. I'm also a disabled Meniere's sufferer.

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