Menu

Home › Forums › Financial Markets/Economics › Chinese yuan

Viewing 15 posts - 1 through 15 (of 71 total)
1 2 3 4 5
  • Author
    Posts
  • November 19, 2009 at 9:31 AM #16689
    moneymaker
    Participant

    I’ll have to admit I’m not real savvy on exchange rates and how they change daily. When I heard Schumer on Bloomberg blame the Chinese for our economic peril I could not believe it. Let’s see major corporations have been exporting jobs for well over 10 years now, and we have the gall to blame the Chinese. That would be right up there with retailors blaming the consumers for not buying while at the same time they just replaced jane or joe with an illegal so that they could “stay in business”. His views seemed to be backed up by Geithner. Is this the beginning of protectionism? We can no more tell the Chinese to change their exchange rate than we can tell them how to run their military. If they want to enslave their people change will have to come from within their country.

    November 19, 2009 at 1:03 PM #484397
    ucodegen
    Participant

    We can no more tell the Chinese to change their exchange rate than we can tell them how to run their military.

    Clear misunderstanding on exchange rates. They can’t be set. The way that China offsets their trade surplus with the US is by buying US dollar denominated securities (treasuries and stocks). This creates a damned if you do, damned if you don’t scenario. The treasury purchases that China does to offset their trade surplus is helping the Fed keep their lending rates low.

    November 19, 2009 at 1:03 PM #485253
    ucodegen
    Participant

    We can no more tell the Chinese to change their exchange rate than we can tell them how to run their military.

    Clear misunderstanding on exchange rates. They can’t be set. The way that China offsets their trade surplus with the US is by buying US dollar denominated securities (treasuries and stocks). This creates a damned if you do, damned if you don’t scenario. The treasury purchases that China does to offset their trade surplus is helping the Fed keep their lending rates low.

    November 19, 2009 at 1:03 PM #484566
    ucodegen
    Participant

    We can no more tell the Chinese to change their exchange rate than we can tell them how to run their military.

    Clear misunderstanding on exchange rates. They can’t be set. The way that China offsets their trade surplus with the US is by buying US dollar denominated securities (treasuries and stocks). This creates a damned if you do, damned if you don’t scenario. The treasury purchases that China does to offset their trade surplus is helping the Fed keep their lending rates low.

    November 19, 2009 at 1:03 PM #485022
    ucodegen
    Participant

    We can no more tell the Chinese to change their exchange rate than we can tell them how to run their military.

    Clear misunderstanding on exchange rates. They can’t be set. The way that China offsets their trade surplus with the US is by buying US dollar denominated securities (treasuries and stocks). This creates a damned if you do, damned if you don’t scenario. The treasury purchases that China does to offset their trade surplus is helping the Fed keep their lending rates low.

    November 19, 2009 at 1:03 PM #484938
    ucodegen
    Participant

    We can no more tell the Chinese to change their exchange rate than we can tell them how to run their military.

    Clear misunderstanding on exchange rates. They can’t be set. The way that China offsets their trade surplus with the US is by buying US dollar denominated securities (treasuries and stocks). This creates a damned if you do, damned if you don’t scenario. The treasury purchases that China does to offset their trade surplus is helping the Fed keep their lending rates low.

    November 19, 2009 at 5:21 PM #485090
    jimmyle
    Participant

    Is there any way to buy and hold the Yuan as cash? Considering that it is more likely to appreciate against the dollar and the likely of the yuan decpreciate against the dollar is extremely low.

    November 19, 2009 at 5:21 PM #485321
    jimmyle
    Participant

    Is there any way to buy and hold the Yuan as cash? Considering that it is more likely to appreciate against the dollar and the likely of the yuan decpreciate against the dollar is extremely low.

    November 19, 2009 at 5:21 PM #485006
    jimmyle
    Participant

    Is there any way to buy and hold the Yuan as cash? Considering that it is more likely to appreciate against the dollar and the likely of the yuan decpreciate against the dollar is extremely low.

    November 19, 2009 at 5:21 PM #484634
    jimmyle
    Participant

    Is there any way to buy and hold the Yuan as cash? Considering that it is more likely to appreciate against the dollar and the likely of the yuan decpreciate against the dollar is extremely low.

    November 19, 2009 at 5:21 PM #484465
    jimmyle
    Participant

    Is there any way to buy and hold the Yuan as cash? Considering that it is more likely to appreciate against the dollar and the likely of the yuan decpreciate against the dollar is extremely low.

    November 19, 2009 at 6:26 PM #484653
    moneymaker
    Participant

    Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!

    November 19, 2009 at 6:26 PM #485110
    moneymaker
    Participant

    Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!

    November 19, 2009 at 6:26 PM #485026
    moneymaker
    Participant

    Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!

    November 19, 2009 at 6:26 PM #484485
    moneymaker
    Participant

    Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them? Also if their economy is taking off, I assume they have inflation,why would they buy US treasuries. If I were china I would take all that money and invest it in a powerful military. Just read that they untied their currency from the dollar today, will that cause us inflation? I had no idea that we import more from Canada than from China,interesting!

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 71 total)
1 2 3 4 5
  • You must be logged in to reply to this topic.