Why the US and China want a cheap Dollar

The US Dollar is being manipulated as the result of an agreement to allow China to buy up all the natural resources and finance cheap.

Why US and China want a cheap Dollar

Interesting.

If I read the article right, basically the Fed is selling us out to China, correct?

What do they get out of it when the Yuan becomes the reserve currency?

reply to post by notsofunnyguy


China wants resources, they are loading up big time on the cheap.

reply to post by zookey

Won't they also want the collapse of the United States so that resources would be even cheaper? I have heard that they have been undervaluing their Yaun for years and that if they decided to raise it, it might hurt the us. But i have also heard that if the raised its value it would hurt trade with us. Very good find and good read, i'm surprised this hasn't gotten more flags.