We in the western economies have been ragging on China for unfairly manipulating their currency to remain low to keep them more competitive. Now we're doing it - very hypocritical IMO.
In the long run, it is doubtful if a country can grow a robust economy by devaluing its currency instead of competing with efficiency & enhanced productivity...
TAM
I whole heartedly agree with you, and once again it is the general public that suffers at the hands of the politicians trying to make it look like the economy is thriving. All we really have are our resources and this is just a way to wholesale them out to the USA. Someone needs to knee cap harper.
