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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (63042)4/30/2005 12:22:40 AM
From: Moominoid  Read Replies (1) of 74559
 
Stratfor is wrong, OK. What do you think a fair PPP exchange rate is? Why would the Renminbi go to 15 to the USD (or was that the other way around :P)? I would assume that the free market equilibrium would go to something like half (or double depending on which around you are looking) the PPP rate.
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