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Reader Question: Is China a Currency Manipulator?
Tuesday, August 11, 2015 19:18
% of readers think this story is Fact. Add your two cents.
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / August 11, 2015
In reference to China Joins Currency War With Surprise Devaluation, Biggest One-Day Move on Record reader Martin writes …
Hi Mish,
I don’t fully understand from your latest post what is the significance of congress labeling China a currency manipulator? Does it matter? Also you say they shouldn’t, aren’t they obviously a manipulator?
Can you elaborate?Thanks for all the great insights!
Martin
Significance
The significance of Congress labeling China a currency manipulator is the likelihood that president Obama would have to hike tariffs on a number of Chinese imports.
The post Reader Question: Is China a Currency Manipulator? appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/08/11/reader-question-is-china-a-currency-manipulator/
