Here at The MojoWire, I've been railing for some time about the game of economic policy chicken playing out between the mandarins at the People's Bank of China and the barbarians at the fiscal controls in the United States of America. It's starting to get really interesting now. At some point, perhaps very soon now, we will find out just how much longer the Chinese can continue to keep the Yuan pegged to the U.S. dollar, and what they will do instead if they decide the time is up.
Which leads me to ask. What would Buckaroo do? Hmmm? What would he do?
1 comment:
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