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IMF calls for dollar alternative

If only you knew that the Chinese are playing a new version of the mercantlist game... too bad too many people are too blind to recognize this...

Oh I'm well aware of it. I just don't think that beggar-thy-neighbor currency manipulation is a sustainable strategy for economic growth (and certainly not the ONLY such strategy), and I think the Chinese have reached the same conclusion. That's why they've been slowly moving away from that approach.
 
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