U.S. Designates China as Currency Manipulator
1–10 of 356 posts
Re: U.S. Designates China as Currency Manipulator
#2Kettle calling the pot black.
Re: U.S. Designates China as Currency Manipulator
#3Yeah you have manipulated a made up thing that we control and you are not playing by the rules where we put sanctions on you and then you become f*ed.
Re: U.S. Designates China as Currency Manipulator
#4I too am here to sing the praises of the Great People’s Republic of China.
Re: U.S. Designates China as Currency Manipulator
#5The best part of this is that they are being called a manipulator for not shoring up their currency artificially.
Re: U.S. Designates China as Currency Manipulator
#6The best part of this is that they are being called a manipulator for not shoring up their currency artificially.
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Re: U.S. Designates China as Currency Manipulator
#7Kettle calling the pot black.
How so?
Re: U.S. Designates China as Currency Manipulator
#8China can outlast the US on this one. Next up, let's crash the price of oil and flip off the Iran sanctions:
https://www.cnbc.com/2019/08/05/brent-and-wti-price-could-cr...
Re: U.S. Designates China as Currency Manipulator
#9Now what?
Is there a legal designation or meaning to currency-manipulator I'm unaware of, or is this basically like the Chinese designating Trump a "name-caller."
Re: U.S. Designates China as Currency Manipulator
#10Kettle calling the pot black.
Do you really think that the US Federal Reserve System, which sets monetary policy based on very reasonable inflation and unemployment targets, is equivalent to a full-blown nationalist-controlled central bank, that is devaluing its currency to support a mercantilist agenda? I think it's pretty clear that China is able and willing to devalue far more than would be possible or palatable for the Fed.