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How long until the Chinese and the Chinese people quit letting us export our inflation by pegging the renminbi?
Food inflation which is basically us exporting massive inflation to China, is starting to massively hit the Chinese people. Food prices rose 10% in a single month in China.
How many of you realize either China is going to depeg the renminbi from the dollar, the dollar is going to collapse or the Chinese people are going to revolt from the Communist State (although their more free economically then us) and depeg it themselves?
That might slow the Chinese economy, which will be bad for the global economy.
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