more clarifications for the uninformed:
(i) the intelligence and military legs of china are also in biz, along with the political capitalist and ideologue business wing, if such wings actually are, and they may well be
(ii) that may explain why chinese politicians are so much more expensive than american politicians who seem to sell themselves for chump change
(iii) china isn't sending anyone to any war and have not done so for a long long time, because war doesn't get anywhere as well demonstrated by americans over the eons even as the leftover weapons are still killing women and children all over the world
as to china military seeing conflict with usa as inevitable, if so, they would be building 10 rockets to each of america's one. as they are not doing that, and as the china military is tiny fraction of society, far smaller % than the martial state of usa, clearly the china military is up to something else
let me see, usa attack budget is equal to the defense budgets of the next 50 nations, and that is doubtlessly for defense ;0) too funny.
(iv) so, you think rmb has not been stressed by the market ? that is funny.
comment, if there is no stress on the rmb, why stress it now? why not just leave it be, unstressed.
i happen to believe the rmb is just right, not too warm, not too cold, and positioned to withstand quite a bit more of inflation of every kind, including of the team usa us$ printing kind.
in the mean time, due to commodity tanking, china inflation may be moderating much more, and besides, the average chinese family can withstand about another 100% food inflation immediately, probably more so than all other nations except germany.
(v) i buy gold because i like gold
so, let me again ask you, should the rmb rise or fall? you keep dancing around this question as you from the same mouth wish to claim rmb is undervalued and should rise, so that team usa might buy more expensive socks, and want to say rmb should fall because china ought to hard land.
let me simply the question for you,
do you believe the rmb is undervalued? yes or no.
p.s. what is wrong with savings? |
