M
morganist
Quote from DontMissTheBus:
Paul Krugman... who has a nobel prize in economics, is obscure??
Also, let me pull this quote from the guardian article YOU posted:
"In other words, if Wen was threatening to stop buying dollar-denominated assets and therefore let the yuan rise against the dollar, he was threatening to do exactly what the US government has been demanding that China do. He will stop "manipulating" China's currency â meaning he will stop deliberately intervening in the market to keep the yuan's value from rising."
I think you don't really understand any of things you read or quote.
The article you quote criticised well known economists.
Also the argument you are making now is different. The argument you had was that China would not stop buying US Treasuries. The argument now is that you think America wants China to stop buying US Treasuries to stop manipulating their currency. You have just contradicted yourself.
I am tired of this arguing. I have made my point. Please go away.