Tuesday, November 17, 2009

US vs China

I can't prove it, but I think I know what the US strategy with regards to China is. It's a simple devalue the dollar until China's economy overheats and inflation runs rampant. This will be interesting to watch.

Because there will be no inflation in the US. In fact, Costco just ditched Coke because Coke wouldn't cut prices enough in this story. And employment? Employment won't exert inflationary pressures for years, maybe even decades.

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