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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (67997)	11/12/2010 2:30:10 AM
From: Hawkmoon	1 Recommendation Read Replies (3) \| Respond to of 217591

for above is how i define free market Gee... how you define something is all well and good. The question is whether your delusional opinion matches actual reality.. Been buying your daily allotment of 20K Yuan lately?: blogs.reuters.com What's ironic is that Bejing's idea of pegging the Yuan to the Dollar is to preserve their economic stability and export status. Whereas, Bernanke is devaluing the dollar to preserve OUR economic stability by staving off deflationary forces and set up protectionist barriers that spur domestic growth and exports. There is a collision of opinions coming to a head here.. There's YOUR "tutorial" for the day.. Hawk

To: TobagoJack who wrote (67997)	11/12/2010 8:57:20 PM
From: GPS Info	Read Replies (1) \| Respond to of 217591

...should yuan float... TJ, in your mind does the yuan still need to be pegged to the dollar? If so, over what time frame does it stay pegged. I can't see how it can become a world currency while still pegged to the dollar? It seems that China can't have it both ways. From the earlier article: But it won’t be quick. China has set a 2020 goal to develop Shanghai as a global financial centre commensurate with the status of the yuan, and China’s role in the world markets. So 2020 is seen as a tentative deadline for yuan internationalisation. Regards