Why do you think the Chinese have a fixed exchange rate???
They no currency valuations a BS.
All that needs to happen is everything Chinese relative to US is valued by the difference so you have a level playing field.
Cash is a means of exchange, it has no value in of its self. It is a weighing mechanism, but the value of dollar is nothing.
If you cannot buy anything with cash cash has no value!!!!
Gold on the other hand does due to its rarity and ability not to be manipulated(comex false market ignored).
Gold is hard to manipulate as unlike oil the supply is more difficult to control
Why do you think the Chinese have a fixed exchange rate???They...
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