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Re: china proposes to cut 2/3 of its U.S. dollar holdings...
 
johng Views: 2,440
Published: 8 years ago
 
This is a reply to # 1,803,407

Re: china proposes to cut 2/3 of its U.S. dollar holdings...


we don't make much to export. besides, realize that if the yuan appreciates, everything that the average american buys at big box stores will immediately skyrocket in price.
long term that might be good, we can start making things here again, but the shock will be akin to a heroin junkie going cold turkey.
 
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