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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (11848)	12/4/2007 7:57:21 AM
From: HPilot	Read Replies (1) \| Respond to of 25737

2). Another - very important factor - that I've ALREADY MENTIONED, but that you continue to blithely skip over... is that nearly our entire balance of trade problem is with ASIA, mostly China and Japan, and that since their currencies are manipulated to track the Dollar --- we CANNOT GAIN trade advantages that way (until & unless their currencies are allowed to appreciate) because the DOLLAR IS NOT ALLOWED TO FALL OUT OF IT'S BAND VS. THEIR CURRENCIES. Have you thought about what China does to do this and if they would be able to sustain this if the dollar goes low enough? Also, as far as I know, China is the only country that does this. Although others, not just Asian countries will buy dollars with their currency to lessen the impact. Why did you include Japan, who devalued their Yen years ago when their economy went south? Also the trade deficit with China can be made up, at least partially, with trade from other countries. And China's effort to track the dollar can be ofset with incresed tarrif's on this side, though we need politicians with some gall to do that.