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Thread: Can the appreciation of Yuan tame China's economic inflation?
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[quote=GARYKINKADE,294562]The U.S. is a debtor nation and will continue to be in the future. It's infrastructure is being sold and will continue to be in order to satisfy present and future debt. The theory that a weak $ will increase our exports and thereby maintain U.S. employment is a farce for our consumption. Our technology is being shipped overseas at an ever increasing rate. Our corporations can sell or give away high tech or trade secrets to other countries, but let an individual do it and it would be considered "treason" If in fact the U.S. does have control of oil prices, in my estimation , it will not last long , because of the staggering debt incurred. I.E. we will be at the mercy of creditor nations.[/quote]
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