Internal GOP Memo Attacks Bush and Obama on economy

[Fallakin Kuvari]

Lets not forget that Russia and China are pushing talks about moving away from the Dollar, China is selling US Dollars to the IMF in exchange for gold and as I said earlier we've been printing trillions upon trillions of Dollars.

Yeah, we're not setting ourselves up to be the next Weimar Republic or anything.

[Ddrak]

Just a small point:

There's been almost no fluctuation in value between the dollar and the yuan in a long long time.

That's artificial - the Chinese government pegs the yuan to the dollar to keep the balance of trade in China's favor (and the US continually bitches about it). Had they properly floated it, the yuan would have risen astronomically against the dollar in the last few decades.

Dd