Archive for December, 2011

Why We Should Thank the Chinese Currency Manipulators

December 2, 2011

If you wouldn’t object to China sending products to the United States for free, then on what basis would you object to currency ???manipulation??? that allows you to purchase undervalued Chinese imports at a huge discount and great bargain?

Mark Perry remarks an astute parallel between currency devaluation (“predatory pricing”) and foreign aid. Read his article.