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China and Japan say Good Bye to the American Dollar!

 
Anonymous Coward
User ID: 29614246
United States
03/07/2014 01:47 PM
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Re: China and Japan say Good Bye to the American Dollar!
Don't we all! My paycheck is gone before I see a penny of it these days.
Anonymous Coward
User ID: 9026518
United States
03/07/2014 03:55 PM
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Re: China and Japan say Good Bye to the American Dollar!
China actually devalued their currency recently on purpose.

they devalue it to increase velocity.

It makes all their goods affordable to US importers, or cheaper than making them in the US.

It is just a way of under-cutting US prices on an across the board swipe. Economic dumping.





GLP