A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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October 23, 2009
Wanted: more expensive Chinese money
Of course, the fervent wish of Paul Krugman, as well as Treasury Secretary Tim Geithner, Federal Reserve Chairman Ben Bernanke and many others, for Beijing to re-value the yuan vs. the dollar, ain’t likely right now. Unless China can be persuaded this is a way to mitigate its concern about the American deficit and its dollar holdings.
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