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Why the US and China want a cheap Dollar

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posted on May, 10 2011 @ 06:33 PM
The US Dollar is being manipulated as the result of an agreement to allow China to buy up all the natural resources and finance cheap.

Why US and China want a cheap Dollar

posted on May, 10 2011 @ 07:22 PM

If I read the article right, basically the Fed is selling us out to China, correct?

What do they get out of it when the Yuan becomes the reserve currency?

posted on May, 11 2011 @ 05:19 AM
reply to post by notsofunnyguy

China wants resources, they are loading up big time on the cheap.

posted on May, 12 2011 @ 12:01 PM
reply to post by zookey

Won't they also want the collapse of the United States so that resources would be even cheaper? I have heard that they have been undervaluing their Yaun for years and that if they decided to raise it, it might hurt the us. But i have also heard that if the raised its value it would hurt trade with us. Very good find and good read, i'm surprised this hasn't gotten more flags.

edit on 12-5-2011 by dwmjr1985 because: (no reason given)

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