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To: familyop
A rising Yuan would also help the situation so they could import food more easily when shortages appeared in certain foods.

The Yuan rose about 5.5% over the last 12 months..

5 posted on 09/10/2007 11:59:13 PM PDT by ran20
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To: ran20
"The Yuan rose about 5.5% over the last 12 months."

The chart appears to show the yawn floating, down. Yet it is pegged to the buck. If the greenback falls, how can the yawn rise?

yitbos

7 posted on 09/11/2007 12:23:36 AM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: ran20

Thank you.


9 posted on 09/11/2007 12:27:33 AM PDT by familyop (U.S cbt. engr. (cbt.)--has-been, will write Duncan Hunter in)
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To: ran20
A rising Yuan would also help the situation so they could import food more easily when shortages appeared in certain foods.

Their inflation is caused by the artificially weak currency. They also import a lot of oil.

21 posted on 09/11/2007 6:16:44 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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