Obama had his buddy from China over for dinner this week. The two countries are good to talk about each others’ flaws and shortcomings. The US keeps repeating that China is manipulating its currency to peg it to the US dollar and thus hurting US exporters. China is getting tired of Mr. Bernanke’s printing press devaluing the dollar and exporting inflation in their homeland. Food prices rose by more than 10% in 2010 in China.
We know the US is printing money, the Fed chairman made it very clear for the last 2 years with the 2008 bailout and QE …Read More